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Signed as Law: Alabama Extends Sales Tax Exemption on Gold and Silver and Encourages Sound Money

The new law extends the sales tax exemption on gold, silver, platinum and palladium bullion passed in 2018 from five years to 10. It also lowers the level of precious metal content necessary to qualify as โ€œbullionโ€ under the law from 90 percent to 80 percent.
United States South Carolina Kay Ivey William Greene Tim Melsonr Florence Ron Paul

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To the Governor: Alabama Bill Would Extend Sales Tax Exemption on Gold and Silver and Encourage Sound Money

The legislation would extend the sales tax exemption on gold, silver, platinum and palladium bullion passed in 2018 from five years to 10. It would also lower the level of precious metal content necessary to qualify as "bullion" under the law from 90 percent to 80 percent.
United States South Carolina Kay Ivey William Greene Tim Melsonr Florence Ron Paul

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