ICTA Archives - USCoinNews

ICTA Rebrands as National Coin & Bullion Association

April 12, 2021 by Clinton

The following is a Press Release from the Industry Council for Tangible Assets (ICTA) announcing that it has changed its name to the National Coin & Bullion Association (NCBA). The time has come to specify the mission of the Industry Council for Tangible Assets in our branding, including our name and logo. We do not represent the broad range of collectible tangible assets that our name implies, which could include anything from antiques to postage …

ICTA: “Stay at Home” Applies to Coin Dealers

March 26, 2020 by Clinton

The Industry Council for Tangible Assets (ICTA) has released the following Press Release concerning coin dealers and Shelter in Place orders. Throughout the United States, many states and local governments have issued Shelter in Place orders to combat the COVID-19 (Coronavirus) pandemic. In short, dealers need to read the language of the orders from their state and local governments but likely are not exempt. ICTA has been contacted by many members who are requesting information …

Ohio Set to Remove Sales Tax Exemption on Bullion Purchases

July 24, 2019July 22, 2019 by Clinton

The Industry Council for Tangible Assets (ICTA) has issued a press release outline the elimination of tax exemption of bullion purchases in Ohio. The new rule is part of the state’s 2020-2021 budget and goes into effect October 1, 2019. From that point forward, If you buy bullion or investment coins within Ohio, you will have to pay sales tax on that purchase. Further, the new budget requires that deals collect sales tax on intrastate …