H.R. 2883 · 110th Congress

Fair Treatment for Precious Metals Investors Act

Stage
In committee
Introduced
2007-06-27
Latest action
2007-06-27 · Introduced in House

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.