Delaware

Delaware’s Gold & Silver Bullion Tax Laws

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

State Information

• Delaware is in the Mid-Atlantic region of the United States and is bordered by Maryland, Pennsylvania, and New Jersey.
• In 1787, Delaware became the first state in the United States.
• The capital of Delaware is Dover. Other cities include Wilmington, Newark, and Middletown.
• Delaware had a population of 1,031,890 in 2023.
• Delaware’s real gross domestic product (GDP) was $74.26 billion in 2023, while the median household income was $69,100 in 2023.
• Delaware has a diversified economy based primarily on finance, insurance, real estate, professional and business services, government and government enterprises, education, healthcare, manufacturing, retail trade, wholesale trade, and construction. Thanks to its favorable corporation and tax laws, more than 50% of all U.S. publicly traded companies and 63% of Fortune 500 companies are incorporated in Delaware.

Economic and Personal Freedom Information

• Delaware ranks #18 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, Delaware ranks #44 in overall freedom, #42 in economic freedom, and #43 in personal freedom.
• Delaware ranks #33 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.