Montana

Montana’s Gold & Silver Bullion Tax Laws

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

State Information

• Montana is a state in the Western United States and is bordered by Idaho, North Dakota, South Dakota, Wyoming, and Canada.
• In 1889, Montana became the 41^st state in the United States.
• The capital of Montana is Helena. Other cities include Billings, Missoula, Great Falls, Bozeman, and Butte.
• Montana had a population of 1,122,867 in 2022.
• Montana’s real gross domestic product (GDP) was $55.19 billion in 2023, while the median household income was $56,539 in 2022.
• Montana’s economy is based primarily on finance, insurance, real estate, government and government enterprises, education, healthcare, professional and business services, retail trade, and construction.

Economic and Personal Freedom Information

• Montana ranks #15 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, Montana ranks #20 in overall freedom, #29 in economic freedom, and #7 in personal freedom.
• Montana ranks #30 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.