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 Replies: 10 / Views: 1,798 |
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Valued Member
United States
139 Posts |
I usually purchase a roll of new ASE's every January. I've gone on a couple of the common bullion selling sites looking to pre-order a roll. They all seem to be adding in sales tax? I have never had to pay it before, and thought bullion purchases were exempt from sales tax? Any thoughts about this, or where to purchase without paying tax? thanks, Jim |
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Pillar of the Community
United States
2403 Posts |
Quote:
Do You Have To Pay Sales Tax? No, but I live in a state that has no sales tax. Therefore any online purchases, including coins and bullion, are tax free. |
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Pillar of the Community
 Canada
5394 Posts |
Depends on where you live and your tax rules .
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Pillar of the Community
United States
8137 Posts |
Different states have different laws regarding sales tax on coins and bullion.
For example, in my state, coins, currency, and bullion are tax exempt, but coin supplies (2X2s, books, albums, etc.) are still taxed.
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Pillar of the Community
United States
2403 Posts |
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For example, in my state, coins, currency, and bullion are tax exempt, but coin supplies (2X2s, books, albums, etc.) are still taxed. This is what happens when I shop in Idaho. I never get charged sales tax for coins or bullion but do get charged it for everything else. |
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Pillar of the Community
Canada
798 Posts |
States have been introducing new tax regulations that online companies are forced to be compliant with.
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Pillar of the Community
United States
1277 Posts |
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Valued Member
 United States
139 Posts |
Thanks all for the info. I looked into Monument Metals, and ordered a roll of 2020 ASE's. Transaction went smoothly, and was delivered in two days! best of all no S&H, and NO TAX! Thanks to machine20 for telling me about them.  Jim |
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Valued Member
United States
240 Posts |
In California my LCS charges state tax unless the total is >$1500
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New Member
United States
44 Posts |
I live in Michigan, and there is no sales tax on coins, but ebay keeps charging me sales tax when I purchase coins. What's going on? |
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Pillar of the Community
United States
1277 Posts |
Amazing ebay "can't" differentiate those things but heaven forbid a cuban coin |
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Replies: 10 / Views: 1,798 |
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Posted 01/04/2020 10:46 pm
