Legal Question in Tax Law in California

Tax on Gold Transaction

If I buy $50,000 in Gold Coins and over the course of time the value goes up to $75,000, is there a capital gains tax?


Asked on 6/27/09, 9:17 pm

1 Answer from Attorneys

Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Tax on Gold Transaction

Yes, when you sell or otherwise realize your gain.

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Answered on 6/27/09, 9:21 pm


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