Washington ends precious metals tax exemption, coin shops warn of higher prices

Original author：KOMO News

Original source：https://www.youtube.com/embed/5DX8W-sqBxc

Customers looking to buy precious metal coins in Washington are increasingly taking their business out of state after a tax exemption ended at the start of this year, according to a coin shop owner who says the change is hurting sales. Washington state lifted an exemption on a precious metals tax that is more than 10%, affecting buyers and sellers of precious metal coins and smelted or refined gold, silver, platinum, and rhodium, among other metals. -------------------------------------------------- For more on the story: https://komonews.com/news/politics/washington-ends-precious-metals-tax-exemption-coin-shops-warn-of-higher-prices-redmond-rare-coins _______________ Stay up to date with our social media: https://www.facebook.com/KOMONews/ https://twitter.com/komonews http://instagram.com/komo4 https://www.tiktok.com/@komo4seattle Download our iOS App: https://itunes.apple.com/us/app/komo-news-mobile/id433508161?mt=8 Download our Android App: https://play.google.com/store/apps/details?id=com.newssynergy.komo&hl=en Have a news tip? Send it directly to us: Email us: tips@komonews.com Call the Newsroom: 206.404.4000 KOMO News (ABC 4) provides the latest breaking news, sports, weather, traffic, and local event coverage in the Seattle and Western Washington/Puget Sound area, including Bellevue, Redmond, Renton, Kent, Tacoma, Bellingham, Yakima, and surrounding communities. #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews Jackie Kent This video and all Sinclair Broadcast Group content archives of local news and sports coverage are available for your use. For more information, contact us at contentsales@sbgtv.com