Vermont

Vermont’s Gold & Silver Bullion Tax Laws

The state of Vermont levies taxes (6%) on the sale of gold, silver, and platinum bullion. Vermont also taxes capital gains on bullion. Vermont residents must also pay United States federal capital gains taxes on bullion.

State Information

• Vermont is a state in the New England region of the United States and is bordered by Massachusetts, New Hampshire, New York, and Canada.
• In 1791, Vermont became the 14^th state in the United States.
• The capital of Vermont is Montpelier. Other cities include Burlington and Rutland.
• Vermont had a population of 647,464 in 2023.
• Vermont’s real gross domestic product (GDP) was $35.07 billion in 2023, while the median household income was $67,674 in 2023.
• Vermont’s largest industries include finance, insurance, real estate, professional and business services, government and government enterprises, education, healthcare, manufacturing, retail trade, entertainment, recreation, and accommodation.

Economic and Personal Freedom Information

• Vermont ranks #50 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, Vermont ranks #42 in overall freedom, #43 in economic freedom, and #6 in personal freedom.
• Vermont ranks #49 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.