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  2. Gold and taxes: What every investor needs to know

    www.aol.com/gold-taxes-every-investor-needs...

    "Additionally, you may face state and local taxes, which could bring your total tax rate to as high as 54% — 37.6% in federal income tax, plus 3.8% in net investment income tax, plus 12.3% in ...

  3. Want To Sell Valuable Gold Coins? Here’s How Much Tax You’ll ...

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    If you want to minimize the tax you pay on the sale of gold coins, it’s best to hold on to them for at least a year and a day to take advantage of the 28% maximum tax rate. If you sell your gold ...

  4. Taxation of precious metals - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_precious_metals

    In most countries capital gains tax applies when precious metals are sold at a profit. Some countries also apply value added tax to precious metals. In the European Union, the trading of recognized gold coins and bullion products is VAT exempt, but no such allowance is given to silver. Elsewhere in Europe though, Norway has exempted both gold ...

  5. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.

  6. Column: Did you strike gold selling your house? Maybe you ...

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    In Culver City, the transfer tax went from 0.45% to 1.5% on houses selling for $1.5 million. The tax is 3% on sales between $3 million and $10 million, and 4% on sales above that mark.

  7. Gold in California - Wikipedia

    en.wikipedia.org/wiki/Gold_in_California

    Because the gold in the California gravel beds was so richly concentrated, the early forty-niners simply panned for gold in California's rivers and streams, a form of placer mining. [ 10 ] [ 11 ] However, panning cannot take place on a large scale, and industrious miners and groups of miners graduated to placer mining " cradles " and "rockers ...

  8. How to Sell Gold Jewelry When Prices Hit Historic High

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    To determine if the time is right to sell gold jewelry, keep an eye on the price of gold. In the early months of 2022, gold price per ounce was hitting near historic peaks, hovering around $2,000 ...

  9. Foreign Miners' Tax Act of 1850 - Wikipedia

    en.wikipedia.org/wiki/Foreign_Miners'_Tax_Act_of...

    In 1848, the Mexican–American War concluded and Alta California (that includes the modern US state of California, plus nearby regions) became part of the United States. . At around the same time, gold was discovered in California, leading to an influx of miners into California, both from within the United States, and from other regions, primarily China and Latin America (including Mexico ...

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