Sales tax on precious metals is a complicated patchwork of outdated state laws that has created problems for online retailers since the 2018 South Dakota v. Wayfair decision.
Despite the long history of gold and silver being recognized as money, many states continue to tax their citizens for the privilege of owning these metals. The notion of sales tax on precious metals investing is contentious to some and represents a line in the sand between some legislators and investors.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a small commission. More information about our affiliate programs can be found here. As a result of the Supreme Court decision in June 2018 many online bullion retailers have begun to collect sales … Read moreBullion Dealers Begin Charging Sales Tax for Online Orders