The State of Ohio requires the collection of sales taxes on certain products sold by BullionMax and delivered to an Ohio address. These taxes must be collected on (1) bullion comprised of gold, silver, platinum, or palladium that does not meet certain purity requirements; (2) copper products including coins or bullion; (3) accessory items; and (4) 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 Ohio:
Sales taxes in Ohio are calculated at checkout on the BullionMax website based on (1) the taxability of products sold by BullionMax in Ohio set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Ohio. Additionally, Ohio enacted legislation in 2021 that eliminated the taxability of certain items sold by BullionMax. This new legislation went into effect on July 1, 2021. Our sales tax license number in Ohio is 99117506.
If you are an Ohio-based reseller and wish to file a Reseller Certificate with BullionMax, please download the Ohio Reseller Certificate form here. Once you have filled out this form, either email it to firstname.lastname@example.org; 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 Ohio. 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 Ohio 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 Ohio, we suggest you visit the Ohio Department of Taxation located at https://www.tax.ohio.gov/.