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New York Precious Metals Exemption Survives, But New Bill Renews Fight

Summary by Coin News
Just on the heels of a major legislative victory, the National Coin & Bullion Association (NCBA) and its New York-based members have successfully defeated a proposal to repeal New York’s sales-tax exemption for precious metals and bullion purchases over $1,000. This critical exemption, protected under Statute 1115(a)(27), remains intact following the passage of Senate Bill […] The post New York Precious Metals Exemption Survives, But New Bill Re…
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Coin News broke the news in on Monday, May 19, 2025.
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