North Dakota

North Dakota’s Gold & Silver Bullion Tax Laws

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

State Information

• North Dakota is a state in the Midwestern region of the United States and is bordered by Minnesota, South Dakota, Montana, and Canada.
• In 1889, North Dakota became the 39^th state in the United States.
• The capital of North Dakota is Bismarck. Other cities include Fargo, Grand Forks, and Minot.
• North Dakota had a population of 779,179 in 2022.
• North Dakota’s real gross domestic product (GDP) was $58.02 billion in 2023, while the median household income was $61,842 in 2022.
• North Dakota’s largest industries include finance, insurance, real estate, oil and gas extraction, government and government enterprises, education, healthcare, manufacturing, agriculture, wholesale trade, professional and business services, and retail trade.

Economic and Personal Freedom Information

• North Dakota ranks #14 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, North Dakota ranks #11 in overall freedom, #12 in economic freedom, and #31 in personal freedom.
• North Dakota ranks #10 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.