The United Precious Metals Association (UPMA) is a Utah-based non-profit dedicated to offering its members gold and/or silver denominated accounts. UPMA was founded shortly after the passage of the Utah Legal Tender Act in 2011. This Act explicitly recognizes the circulation of U.S-minted legal tender gold and silver coins as a non-taxable event. Utah was the first State in the Union to formally adopt such legislation.
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