Ohio To Restore Sales-Tax Exemption On Rare Coins & Bullion

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Author	Replies: 5 / Views: 2,447
aardspeed Pillar of the Community 921 Posts	Posted 06/18/2015 10:08 am "Ohio House restores coin exemption" COLUMBUS — "Ten years after killing it in the wake of the Coingate scandal, the Ohio House on Wednesday voted 81-14 across party lines to restore a sales-tax exemption for Ohioans who purchase rare coins and precious metal bullion" http://www.toledoblade.com/Politics...emption.html Report this Post to the Staff

Joe2007 Pillar of the Community United States 3843 Posts	Posted 06/18/2015 10:44 pm That would certainly be welcome news. Hopefully gov. Kasich doesn't veto like he did last time. If this becomes law then perhaps some major coin shows will come back to Ohio. Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 11/21/2015 11:39 pm Sales tax exemption for coins up for vote Read more at http://www.toledoblade.com/Courts/2...oaB9IhE7W.99 Sounds like the governor is going to use his veto again when this passes. What a shame. Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 05/29/2016 11:29 pm Bill would restore tax exemption for metals Read more at http://www.toledoblade.com/Politics...drTc4B0xa.99 Quote: COLUMBUS — A bill to restore a sales tax exemption for precious metal purchases repealed a decade ago in the wake of the Coingate scandal is expected to reach Gov. John Kasich's desk this week. With no mention of the scandal, the House Ways and Means Committee on Tuesday unanimously approved the bill. But first it tightened its focus on precious metals such as gold, silver, and palladium, keeping the tax on coins purchased for their potential value as collectibles. Read more at http://www.toledoblade.com/Politics...drTc4B0xa.99 Too bad about the language narrowing the exemption to exclude collectable coins but still this passing would be very welcome to Ohio resident stackers. Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 05/31/2016 12:14 pm Hopefully the Ohio legislature will be able to override that RINO Kasich's veto. Having a sales tax on investments is just dumb. Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 06/15/2016 6:44 pm Kasich OKs restoring sales tax exemption http://www.toledoblade.com/State/20...emption.html Effective January 1st 2017. Certainly welcome news. Report this Post to the Staff
	Replies: 5 / Views: 2,447

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