Nevada Sales Tax On Gold And Silver Bullion And Coins

The State of Nevada requires the collection of sales taxes on certain products sold by BullionMax and delivered to a Nevada address. These taxes must be collected on (1) copper products; (2) coins that are not used as mediums of exchange; (3) bullion that is not used as a medium of exchange; (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 Nevada:

  • Coins or Bullion Which Are Not Used as Mediums of Exchange. Coins, bullion, or currency that are not acceptable as a measure of value and a standard of exchange for goods and services.
  • 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 Nevada are calculated at checkout on the BullionMax website based on (1) the taxability of products sold by BullionMax in Nevada set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Nevada. Our sales tax license number in Nevada is 1034116010-001.

If you are a Nevada-based reseller and wish to file a Reseller Certificate with BullionMax, please download the Nevada 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 as long as 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 Nevada. 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 Nevada 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 Nevada, we suggest you visit the Nevada Department of Taxation located at https://tax.nv.gov/.