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Indiana Governor Signs Sales-Tax Exemption Bill for Coins and Paper Money

March 28, 2016 in Bullion, Coins, Collecting, Gold, Gold Bullion, History, Investing, Legal, News, Numismatica, Numismatics, Press Releases, Silver, Silver Coins, US Government

By: Coin Update News.CoinUpdate.com (Coin Update News)

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The Industry Council for Tangible Assets has shared the following press release:

ANNAPOLIS, MD — On March 24, Indiana governor Mike Pence signed into law HB 1046, which provides for a sales-tax exemption on rare coins, paper money, and precious-metals bullion. The new law will take effect on July 1. Indiana becomes the 33rd state to have a complete or partial sales-tax exemption on the retail sales of rare coins, paper money, and precious-metals bullion.

The bill was authored by Representative Greg Beumer; co-authored by Rep. David Wolkins, Rep. Robert Heaton, and Rep. David Niezgodski; and sponsored by Sen. Brandt… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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