Aust. Federal Police, media release

Discussion in 'Gold' started by W Davis & Son, Oct 30, 2013.

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  1. grinners

    grinners Active Member Silver Stacker

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    grinners, Oct 30, 2013
    #21
  2. col0016

    col0016 Active Member

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    Hahahahahahaha! I really hope that is a coincidence lmao :lol:
     
    col0016, Oct 31, 2013
    #22
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    So does that mean if you sell a second hand sovereign to a dealer he has to charge GST again when he sells it and that same GST gets charged again and again as it changes hands?

    Damn Meg Lees and the so called 'Democrats' and their creed to 'keep the bastards honest'.
     
    JulieW, Oct 31, 2013
    #23
  4. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

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    If you are private buyer and you buy silver bars and stash them I a vault at a bank for example you are not selling it so there is no issue is there? Then only time you would pay Tax on it is if you sell it so if you hold it for 25 years there is no issue?

    If you die and it goes to your children and there is no paperwork for it there would be no tax on it would there?
     
    Newtosilver, Oct 31, 2013
    #24
  5. southerncross

    southerncross Well-Known Member Silver Stacker

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    There's no GST on Bullion grade bar's, but there would be CGT ( possibly ;) )
     
    southerncross, Oct 31, 2013
    #25
  6. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    OMG :eek: :lol: If it was me, I would be making too much money from bribery and corruption.
    I wouldn't have time to spend all day on a silver forum & scrimping, eating noodles so I can save for my next 10oz bar :mad: that i ordered today :D
     
    Greg Williams, Oct 31, 2013
    #26
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