When investing, many people try to find a way to buy gold and silver tax-free. We understand that many investors and collectors want to maintain their privacy when making purchasing decisions related to buying and selling gold and silver. However, the IRS requires that we declare certain sales and certain repurchase transactions. For sales of gold ingots and ingots to be considered declarable, each individual piece of ingots must have a fineness of at least.
Similarly, for the sale of silver ingots and cartridges to justify notification, each piece of silver must have a fineness of at least.