Fair Treatment for Precious Metals Investors Act
Last action on May 26, 2005Read twice and referred to the Committee on Finance.
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Summary
Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.
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