North Carolina Dealer Honored with Service Award

Industry Council for Tangible Assets dealer member Mitch Hyatt (Hyatt Coin and Gun Shop, Charlotte, North Carolina) was honored during the ICTA dinner and update cruise aboard the Yacht StarShip II in Tampa, Florida, on January 3 as the recipient of the 2017 Diane...

Transportation and Shipping Security Seminar

A Loomis Armored representative will discuss transportation and shipping security at the upcoming Florida United Numismatists show. The Industry Council for Tangible Assets will host the seminar. The seminar begins at 8:30 a.m. on Friday, January 5, 2018, at the Tampa...

Confused Over Proposed Tax Legislation and Like-Kind Exchanges?

There is misinformation floating out around the dealer community intermingling “like-kind exchanges” and three different sections of the tax code (1031, 1099-b and bartering). The Industry Council for Tangible Assets has produced a white paper which goes into detail...

U.S. Mint’s response to members of Congress lacks commitment

Acting Deputy Director of the U.S. Mint David Motl’s Nov. 17 response to an Oct. 27 letter from U.S. Representatives Frank Lucas (R-OK) and Alex Mooney (R-WV) requesting information regarding the Mint’s efforts to combat the rising tide of counterfeit coins entering...

ICTA Alert! Call your Representative and Senators ASAP

Congress is preparing to make changes to the taxation of “like-kind” exchanges that may effect you and your clients The US House and Senate have included in their tax bills revisions to the treatment of like-kind exchanges that will affect some coin and currency...

ICTA launches Facebook page

The Industry Council for Tangible Assets (ICTA) is now on Facebook. The association’s new social media site is a place where visitors can learn more about the association and members can stay up to date on association activities. “Facebook is a great way to highlight...

Virginia Sales-Tax Exemption Expanded to Include Coins

On February 22, Governor Terry McAuliffe signed VA HB 1668 to expand Virginia’s sales-and-use tax exemption to include legal tender coins, effective January 1, 2018, to June 30, 2022. Virginia had a short, 6.5-week legislative session. Companion bills were introduced...

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