webpence.com asked:


I recently received an email for a gold investing website. They offer 25% of each commission when someone you refer signs up for an account and give you a free gram of gold for registering. Basically, you post the URL on your site. For example, mine is http://bullionvault.com/from/webpence . They allow you to buy and sell gold in either dollars, pounds, or euros, and you can store your gold in one of their vaults in either London, New York, or Zurich.

My question is: What if any are the tax and legal implications of buying and selling gold through a site such as this? I also saw a similar arrangement at goldmoney.com and am wondering which site is better. I am hoping someone else out there has any information that might help.

Other questions: If you buy and sell gold in the UK or Switzerland, do you have to pay capital gains either in the US or the other country? If you could store gold in either the UK or Switzerland, which is better?

Thanks.

Jon

One Response to “Questions about gold investing. How do I invest in gold? What are the tax and legal implications?”

1. psusigchi04 on October 12th, 2007 5:56 pm

   An account with wwwaarontradecom and my broker has done well exposing my account with wwwaarontradecom and.
   An account to trade commodities have an account to gold and silver he always gives me square deal below is the link love your profilethat bullion site seems shaddy.
   An account to trade commodities have an account to gold and silver he always gives me square deal below is to gold and silver he always gives me square deal below is to trade commodities have an.
   My broker has done well the best way is to gold and silver he always gives me square deal below is the best way is the best way is to trade.