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RE: Investing Money on Gold

in LeoFinance11 months ago

Back in the days of the Spanish Empire, gold jewelry was not taxed but gold coins were taxed by the King. Of course many of the Spanish affluent had the majority of their holdings in jewelry form.
Today, the laws may be a little different in every country but consider your choice of physical gold in either form of Commodity as in a bar, or as in a form of a legal tender coin, there could be significant different Tax treatment in each case.

Always, with love 🤗🌺❤️

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It is funny, but gold is not taxed, except when you get it at Ebay dealers.
xoxo🤗
!LADY

We'll never be sure what stupid tax law our Canadian Prime Minister will try next. Now I'm looking for an exchange in place of Binance, or put everything into cold wallets.