Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
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This basic state-wide tax is in addition to any local county or city sales tax. Tax may be charged on sales under a certain threshold or on historic or foreign silver coins but not US coins. This same does not apply to US Legal Tender bullion coins — which in most cases are exempt from sales tax unless sold as collectibles.
This means a 1oz American Silver Eagle is going to be sales tax exempt even in states with a sales tax on silver — whilst a 1oz silver bar will be taxable. Foreign Legal Tender bullion coins are only exempt from sales tax if sold at face value — something unlikely when most bullion coins have a far lower face value than metals content. Arizona No sales tax on Coins, or Precious Metals.
Colorado Zero state tax, however local sales tax on Coins and Bullion varies by City. Delaware No sales tax on Coins or Precious Metals. District of Colombia 5. Florida Zero sales tax on U. Coins or Currency. Georgia No sales tax on Coins or Precious Metals. Hawaii General Excise Tax on Coins and Bullion — paid by the seller but may be passed on to the buyer. Idaho No sales tax on Coins or Bullion. Illinois No sales tax on Coins or Precious Metals. Indiana Indiana stopped charging taxes on coins, legal tender, and bullion July 1, Iowa No sales tax on Coins or Precious Metals.
Kansas 6. Michigan No sales tax on Coins or Precious Metals. Minnesota 6. Missouri No sales tax on Coins or Bullion. Nebraska No sales tax on Coins or Precious Metals. Nevada 6. North Carolina 4. Oklahoma No sales tax on Coins and Precious Metals. Oregon No sales tax on Coins and Precious Metals. Pennsylvania No sales tax on Coins and Precious Metals. Texas No sales tax on Coins and Precious Metals. Utah No sales tax on Coins and Precious Metals. These large coins also offer you the same advantages as buying a silver bar.
Secondly, purity is an important consideration. Silver coins with a purity of However, better options can be found like the Canadian Silver Maple Leaf , which is a coin with A vibrant secondary market Liquidity is also an important consideration when building a precious metals portfolio. Always buy silver coins that are popular and enjoy a strong secondary market. Obscure and rare coins can be difficult to sell later on.
Well-known coins with a vibrant resale market include 1-ounce silver coins like the Krugerrand and the silver Britannia. The silver Britannia is one of the finest silver coins to invest in Tax efficiency Any investment portfolio needs to be tax-friendly. While coins like the Canadian Maple Leaf are a great buy, the profits you make from their sale are taxable.
UK silver coins like the silver Britannia, on the other hand, are CGT free, due to their status as legal tender in the country. The silver Britannia, in particular, is a bullion coin and is available in plenty. Therefore, premiums are low, they are CGT exempt and available with good discounts on bulk orders from reputed silver dealers. Get in touch with Physical Gold to plan your silver portfolio Physical Gold is one of the most reputed gold and silver dealers in the UK.
Our investment experts can help you identify the right silver coins to buy. Give us a call on or drop us an email and a member of our team will get in touch with you right away.