Because of the incredible last minute appeal and efforts of Rep SuAnn Olson, the North Dakota House...
North Dakota’s Growing Commitment to Transactional Gold
North Dakota has taken significant steps toward recognizing gold and silver as valuable assets by removing sales tax on these precious metals. While the state currently taxes capital gains when gold and silver are exchanged for Federal Reserve notes, it is making progress in supporting sound money principles. North Dakota has already joined states like Utah and Oklahoma in advancing the legal status of precious metals, and there is potential for further steps, such as establishing a bullion depository or holding reserves in gold and silver. These efforts reflect a growing commitment to incorporating gold and silver into the state's financial system.
