GoldClub Direct may be required to charge sales tax in some instances. Each state operates under their own regulations and sales taxes. As local sales taxes varies from location to location, GoldClub Direct has incorporated a interactive map to make things a bit easier when navigating ever changing tax laws governing precious metals.
As of the signature of Alabama Senate Bill 13, most precious metals purchases are exempt from sales tax. Alabama originally removed sales taxes from most gold, silver, platinum, and palladium bars and coins in 2019. Senate Bill 13 also expanded exemption’s to cover all common forms of bullion, removing certain reporting requirements, and extending the sales tax exemption until 2028.
For more information visit: Alabama Sales Tax
GCD does not currently collect sales tax on orders shipping to Alaska.
GCD does not currently collect sales tax on orders shipping to Arkansas.
GCD does not currently collect sales tax on orders shipping to Arizona.
For more information visit: Arizona Sales Tax
GCD is required to collect Sales Tax in California on Platinum and Palladium bullion or coins and on transactions below $1,500.
For more information visit: California Sales Tax
While most items are tax exempt in Colorado, GCD is required to collect Sales Tax on all rounds and precious metals coins whose value exceeds the coin’s metal content, such as proof and uncirculated coins, as well as many numismatic coins.
For more information visit: Colorado Sales Tax’
GCD is required to collect on Platinum/Palladium, Numismatic, any precious metal round, and any order below $1,000.
For more information visit: Connecticut Sales Tax
GCD is required to collect Sales Tax on all purchases shipped to D.C.
For more information visit: Washington D.C. Sales Tax
GCD does not currently collect sales tax on orders shipping to Delaware.
GCD is required to collect Sales Tax in Florida on any purchase where the single line item’s total is not in excess of $500. Additionally, GCD is required to collect Sales Tax in Florida on all palladium bars, precious metal rounds, and Non-US coins.
For more information visit: Florida State Sales Tax
For more information visit: Georgia State Sales Tax
Gold Club Direct is require to collect a GET on all products shipped to Hawaii. Additional tax may be charged based on local tax jurisdiction.
For more information visit: Hawaii Sales Tax
GCD does not currently collect sales tax on orders shipping to Iowa.
GCD does not currently collect sales tax on orders shipping to Idaho, as their current laws prohibit sales tax on any form of precious metals.
Gold Club Direct is require to collect a Sales Tax on certain products shipped to Indiana. Additional tax may be charged based on local tax jurisdiction.
For more information visit: Indiana Sales Tax
The state of Illinois requires taxes be collected on the sale of certain items shipping to Illinois. Additional tax may be charged based on local tax jurisdiction. Such items include:
-Any bullion with a purity of less than 980 parts per 1,000
-Any coins that were issued by any other U.S. state other than the State of Illinois
-Copper products
-Palladium products
-Accessory items
-Processed items.
For more information visit: Illinois Sales Tax
The state of Kansas requires taxes be collected on the sale of certain items shipping to Kansas. Additional tax may be charged based on local tax jurisdiction. Such items include:
-All coins, with exception to those made of gold or silver
-Copper products
-Accessory items
-Altered and Processed items.
For more information visit: Kansas Sales Tax
The state of Kentucky requires taxes be collected on the sale of all items shipping to Kentucky.
For more information visit: Kentucky Sales Tax
The state of Massachusetts requires taxes be collected on the sale of certain items shipping to Massachusetts. Additional tax may be charged based on local tax jurisdiction. Such items include:
-Single sales transaction of numismatic and non-numismatic gold or silver products if the value of the sale is less than $1,000
-All gold or silver product that has a nations legal tender if the value of the sale is less than $1,000
-Copper, Palladium and Platinum products
-Accessory items
-Altered and Processed items.
For more information visit: Massachusetts Sales Tax
The state of Maryland requires taxes be collected on the sale of certain items shipping to Maryland. Additional tax may be charged based on local tax jurisdiction. Such items include:
-Single sales transaction of numismatic and non-numismatic gold or silver products if the value of the sale is less than $1,000
-Any gold, silver, platinum or palladium product if the value of the sale is less than $1,000
-Copper products
-Accessory items
-Numismatics
-Coins not used as legal tender or
exchange medium.
-Altered and Processed items.
For more information visit: MarylandSales Tax
The state of Maine requires taxes be collected on the sale of all items shipping to Maine.
For more information visit: Maine Sales Tax
The state of Michigan requires taxes be collected on the sale of certain items shipping to Michigan. Additional tax may be charged based on local tax jurisdiction. Such items include:
-Any Gold, Silver, or Platinum products with a purity of less than 900 parts per 1,000
-Copper products
-Palladium products
-Accessory items
-Processed items.
For more information visit: Michigan Sales Tax
The state of Minnesota requires taxes be collected on the sale of certain items shipping to Minnesota. Additional tax may be charged based on local tax jurisdiction. Such items include:
-All Coins
-Copper products
-Processed items
-Accessory items
For more information visit: Minnesota Sales Tax
GCD does not currently collect sales tax on orders shipping to Missouri.
The state of Mississippi requires taxes be collected on the sale of all items shipping to Mississippi.
For more information visit: Mississippi Sales Tax
GCD does not currently collect sales tax on orders shipping to Montana.
GCD does not currently collect sales tax on orders shipping to North Carolina.
GCD does not currently collect sales tax on orders shipping to Nebraska.
Gold Club Direct is required to collect sales tax on:
-Numismatics
-Accessories
-Processed items and metals below .999 fineness.
For more information visit: North Dakota Sales Tax
GCD does not currently collect sales tax on orders shipping to New Hampshire.
The state of New Jersey requires taxes be collected on the sale of all items shipping to New Jersey.
For more information visit: New Jersey Sales Tax
The state of New Mexico requires taxes be collected on the sale of all items shipping to New Mexico.
For more information visit: New Mexico Sales Tax
The state of Nevada requires taxes be collected on the sale of certain items shipping to Nevada. Additional tax may be charged based on local tax jurisdiction. Such items include:
-Coins and Bullion not used as an
exchange medium.
-Copper products
-Accessory items
-Altered and Processed items.
For more information visit: Nevada Sales Tax
For more information visit: New York Sales Tax
GCD does not currently collect sales tax on orders shipping to Ohio.
GCD does not currently collect sales tax on orders shipping to Oklahoma.
GCD does not currently collect sales tax on orders shipping to Oregon.
For more information visit: Pennsylvania Sales Tax
The state of Louisiana requires taxes be collected on the sale of certain items shipping to Louisiana. Additionally, Louisiana requires that sales tax licenses are obtained for the jurisdictional parish level by merchants conducting business in Louisiana. Such items include:
-Any single sales transaction of numismatic coins where the total sale value is greater than $1,000.
-Copper and Palladium coins and bullion unless those products are also numismatics.
-Accessory items
-Altered and Processed items.
For more information visit: Louisiana Sales Tax
GCD does not currently collect sales tax on orders shipping to Rhode Island.
South Carolina residents 85 years of ages with valid ID may be eligible for a 1% deduction from sales tax.
For more information visit: South Carolina Sales Tax
For more information visit: South Dakota Sales Tax
Gold Club Direct is required to collect tax on all orders shipped to Tennessee.
For more information visit: Texas Sales Tax
For more information visit: Utah Sales Tax
Virginia sales tax exemption on the monetary metals is effective on July 1, 2022 and will remain in effect until at least June 30th, 2025.
For more information visit: Vermont Sales Tax
GCD does not currently collect sales tax on orders shipping to Washington.
The state of Wisconsin requires taxes be collected on the sale of all items shipping to Wisconsin.
For more information visit: Wisconsin Sales Tax
For more information visit: West Virginia Sales Tax
For more information visit: Wyoming Sales Tax