North Carolina joins 35 other states with sales-tax exemptions for coin shop customers.
North Carolina joins 35 other states with sales-tax exemptionsJuly 25, 2017ByPress ReleaseLeave a CommentOn Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales.The bills author, Representative Dana Bumgardner, coauthors Representative Jeff Collins, Representative Mark Brody, and Representative Mike Clampitt, along with its Senate sponsor, Senator Bill Rabon, championed the bill through the legislature, said Mitch Hyatt (Hyatt Coin Shop, Charlotte, North Carolina). North Carolina coin businesses and collectors owe them a debt of gratitude.In the [...]