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The legislation defines specie (gold or silver coin, bar or round) as constitutional legal tender to establish it for use in the marketplace as currency. It reads, in part, “Legal tender is money and is not subject to regulation as property other than …
“Legal tender” means a medium of exchange, including coins with precious metal content, that is authorized by the United States constitution or Congress for the payment of debts, public charges, taxes and dues. “Specie” means gold or silver coin, bar …
PHOENIX — An Arizona lawmaker has revived legislation cutting taxes on gold and silver coins that was vetoed by the current and previous governor. Republican Rep. Mark Finchem's latest effort aims to only target U.S.-issued coins considered legal tender.
A House panel voted Monday to give a state tax break to those who put their money into U.S.-issued gold and silver coins. Under current law, if someone buys $1,000 worth of American golden eagles and then sells them a year later for $1,500 because the …
A House panel voted Monday to give a state tax break to those who put their money into U.S.-issued gold and silver coins. Under current law, if someone buys $1,000 worth of American golden eagles and then sells them a year later for $1,500 because the …
A House panel voted Monday to give a state tax break to those who put their money into U.S.-issued gold and silver coins. Under current law, if someone buys $1,000 worth of American golden eagles and then sells them a year later for $1,500 because the …
Legislation passed in the U.S. House calls for commemorative coins, including a $5 pink gold coin, to recognize the fight against breast cancer. The Royal Canadian Mint has been down this path with pink gold plating on its 2012 Farewell to the Penny …
The bill would open the door for people in Arizona to pay debts and taxes with gold or silver coins, and it would prohibit the government from taxing it as an asset. The legislation would not compel use of gold or silver coin but put it on equal …