Monetary Metals Tax Neutrality Act of 2021
United States117th CongressHR-2284House of Representatives
Updated: Mar 29, 2021
Summary
Monetary Metals Tax Neutrality Act of 2021 This bill exempts 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.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
House of Representatives
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