Virginia currently exempts precious metals purchases from state sales tax,…
Virginia currently exempts precious metals purchases from state sales tax, however, this exemption is set to expire in June of this year. House Bill 2336 aims to extend the current law on gold and silver.
Introduced by 2022’s “Sound Money Legislator of the Year” Del. Amanda Batten (96-R), House Bill 2336 would maintain current law by extending the existing sales tax exemption on the purchases of precious metals purchases until 2032…