Monetary Metals Tax Neutrality Act of 2018
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 12, 2018)
Monetary Metals Tax Neutrality Act of 2018
This bill amends the Internal Revenue Code to exempt gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of: (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots which are valued primarily based on their metal content and not their form.
What just happenedSep 12, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseSep 12, 2018
- Sep 12, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 12, 2018IntroReferralIntro-H
Introduced in House
- Sep 12, 2018IntroReferral1000
Introduced in House