Missouri

Missouri’s Gold & Silver Bullion Tax Laws

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

State Information

• Missouri is a state in the Midwestern region of the United States and is bordered by Iowa, Illinois, Kentucky, Tennessee, Arkansas, Oklahoma, Kansas, and Nebraska.
• In 1821, Missouri became the 24^th state in the United States.
• The capital of Missouri is Jefferson City. Other cities include Kansas City, St. Louis, Springfield, Columbia, and Independence.
• Missouri had a population of 6,160,281 in 2020.
• Missouri’s real gross domestic product (GDP) was $344.12 billion in 2023, while the median household income was $53,578 in 2020.
• Missouri’s economy is based primarily on finance, insurance, real estate, professional and business services, manufacturing, government and government enterprises, education, healthcare, wholesale trade, and retail trade.

Economic and Personal Freedom Information

• Missouri ranks #21 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, Missouri ranks #8 in overall freedom, #15 in economic freedom, and #8 in personal freedom.
• Missouri ranks #29 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.