Buy Gold Coins Utah Info

: Gold and silver bullion or coins with at least 50% precious metal content are exempt from state sales and use tax under Utah Code 59-12-104.

: 2024 legislation (HB306) allows for gold-backed electronic payment platforms and permits state vendors to accept gold as payment. Upcoming Events for Collectors Monarch Coin Corporation

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: Utah offers a nonrefundable state tax credit for capital gains on U.S.-issued gold and silver coins, effectively eliminating state-level capital gains tax on these transactions.