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Sales Tax Exemption of Bullion (SB 134)

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Florida

2025

Senate Bill 134, proposed by Senator Rodriguez, aims to exempt sales tax on gold, silver, and platinum bullion in Florida. The exemption is applicable for sales exceeding $500 and requires appropriate documentation by dealers. This act is set to be effective from July 1, 2025, potentially encouraging investment in bullion and providing economic benefits by making precious metals more accessible.

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