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Do I have to pay taxes on selling gold bars?
Honey! Hello! No need. According to Article 5 of the Notes on the Collection Scope of Consumption Tax [Guo Shui Fa [1993]No. 153], the collection scope of precious jewelry and jade includes all kinds of gold and silver jewelry and all kinds of jewelry and jade that have been excavated, polished and processed. Among them, gold and silver jewelry includes: all kinds of pure gold and silver jewelry and inlaid jewelry (including artificial gold and silver, synthetic gold and silver jewelry, etc. ) Made of precious and rare materials such as gold, silver, platinum, precious stones, pearls, diamonds, jadeite, coral, agate and artificial gem. Gold bars do not fall within the above scope, so gold bars do not fall within the scope of consumption tax on gold and silver jewelry.