Oklahoma

Oklahoma’s Gold & Silver Bullion Tax Laws

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

State Information

• Oklahoma is a state in the South Central region of the United States and is bordered by Texas, Kansas, Missouri, Arkansas, New Mexico, and Colorado.
• In 1907, Oklahoma became the 46^th state in the United States.
• The capital of Oklahoma is Oklahoma City. Other cities include Tulsa, Norman, Broken Arrow, Edmond, and Lawton.
• Oklahoma had a population of 4,053,824 in 2023.
• Oklahoma’s real gross domestic product (GDP) was $201.66 billion in 2023, while the median household income was $50,051 in 2022.
• Oklahoma’s largest industries include government and government enterprises, finance, insurance, real estate, professional and business services, education, healthcare, manufacturing, oil and gas extraction, transportation and warehousing, retail trade, and wholesale trade.

Economic and Personal Freedom Information

• Oklahoma ranks #13 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, Oklahoma ranks #23 in overall freedom, #24 in economic freedom, and #32 in personal freedom.
• Oklahoma ranks #9 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.