I recently sold some precious metals for a decent profit through Tokuriki Kanda honten. I had been keeping the PMs with them for about 4 years.
I noticed when I sold that they added a 10 percent sales tax. As I understand it I don’t have to pay any capital gains taxes if the profit is less than 500,000 yen per year. I am thinking about selling more though.
Are profits from PMs still subject to capital gains tax even though I have already had to pay sales taxes?
If so, is there a cheaper way to buy or invest in PMs without having to pay sales taxes?
by interestingmandosy