Colorado

Colorado’s Gold & Silver Bullion Tax Laws

The state of Colorado doesn’t levy taxes on the sale of gold, silver, and platinum bullion but it taxes capital gains. Colorado residents also pay United States federal capital gains taxes.

State Information

• Colorado is in the Mountain West region of the United States and is bordered by Wyoming, Nebraska, Kansas, Oklahoma, New Mexico, Utah, and Arizona.
• In 1876, Colorado became the 38^th state in the United States.
• The capital of Colorado is Denver. Other cities include Colorado Springs, Aurora, Fort Collins, and Lakewood.
• Colorado had a population of 5,877,610 in 2023.
• Colorado’s real gross domestic product (GDP) was $428.04 billion in 2023, while the median household income was $78,700 in 2023.
• Colorado’s economy was originally based on agriculture and mining but has now diversified to include finance, insurance, real estate, professional and business services, government and government enterprises, information, education, healthcare, manufacturing, wholesale trade, and retail trade.

Economic and Personal Freedom Information

• Colorado ranks #23 on the Sound Money Index that ranks states based on their friendliness toward gold and silver bullion.
• According to the Freedom in the 50 States report, Colorado ranks #19 in overall freedom, #19 in economic freedom, and #24 in personal freedom.
• Colorado ranks #17 on the Rich States, Poor States index, which evaluates states based on economic competitiveness by considering tax and regulatory burdens, as well as labor policies.