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  • Correction: Beware of Taxes with Currency, Precious Metal ETFs [View article]
    User 211108:

    I am neither an attorney or CPA but the 28% tax rate for ANY holding period is correct. I suggest you contact State Street Global Advisors who provide the SPDR Gold Shares (GLD) at 1-866-787-2257 or iShares who provide the COMEX Gold Trust (IAU) at 1-800-474-2737. They will verify the 28% rate. You could also telephone or visit your local IRS office and they will verify the 28% rate. You could also contact a local CPA or tax attorney for their verification.
    Aug 14 11:28 am |Rating: 0 0
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