Missouri Sales Tax On Gold And Silver Bullion And Coins

The State of Missouri requires the collection of sales taxes on certain products sold by BullionMax and delivered to a Missouri address. These taxes must be collected on (1) any bullion products that are not in a bulk state and have a purity of less than 900 parts per 1,000; (2) any coins that are not investment coins; (3) copper products; (4) accessory items; and (5) processed Items. All other products sold by BullionMax are exempt from these taxes.

The following definitions apply to products on which taxes must be collected in Missouri:

  • Bullion. Precious metal that is valued solely upon its precious metal content, whether in coin, round, or bar form.
  • Investment Coins. Numismatic coins or other forms of money and legal tender manufactured of gold, silver, platinum, palladium, or metals with a fair market value greater than the face value of the coins.
  • Accessory Items. Items such as holders, tubes, coin flips, and apparel.
  • Processed Items. Precious metals that have been processed by third parties into items that are valued on more than their precious metal content, such as statues or colorized coins.

Sales taxes in Missouri are calculated at checkout on the BullionMax website based on (1) the taxability of products sold by BullionMax in Missouri set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Missouri. Our sales tax license number in Missouri is 27798062.

If you are a Missouri-based reseller and wish to file a Reseller Certificate with BullionMax, please download the Missouri Reseller Certificate form here. Once you have filled out this form, either email it to info@bullionmax.com; or mail it to BullionMax, 6125 Luther Lane #283, Dallas, TX 75225. Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged sales taxes on future orders if your Reseller Certificate remains valid and in force.

Please note: The above is not a comprehensive description of sales tax laws and requirements in the State of Missouri. It is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the State of Missouri that relate to the reader’s transactions with BullionMax. If you would like to research the sales tax laws and requirements in the State of Missouri, we suggest you visit the Missouri Department of Revenue located at https://dor.mo.gov/taxation/business/.