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Maryland and Virginia Reinforce Bullion-Friendly Tax Policies
Maryland and Virginia began July 2026 with important legislative changes affecting precious metals investors. Maryland restored its statewide sales tax exemption for qualifying bullion and coin purchases over $1,000, while Virginia preserved its long-standing exemption through 2028. Although neither law changes gold or silver prices, both reduce acquisition costs for many investors and reinforce a growing national trend toward treating investment-grade bullion differently from traditional retail purchases.
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