The tax situation in Indiana can be a bit complex. Bullion items that qualify for inclusion in a precious metals IRA, whether US or foreign, are tax exempt, including bars that meet the minimum purity requirements for an IRA. US legal tender coins and currency are also tax exempt. Foreign coins are exempt only if they are eligible for a precious metals IRA; otherwise, they are subject to a 7% state sales tax. #Coins #Taxes #Indiana #Info
The tax situation in Indiana can be a bit complex. 🧐 Bullion items that qualify for inclusion in a precious metals IRA, whether US or foreign, are tax exempt, including bars that meet the minimum purity requirements for an IRA. 🪙 US legal tender coins and currency are also tax exempt. 💵 Foreign coins are exempt only if they are eligible for a precious metals IRA; otherwise, they are subject to a 7% state sales tax. 🌍 #Coins #Taxes #Indiana #Info
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