Tax on precious metals
Trading no longer collects sales tax on bullion products in Wisconsin if they consist of at least 35% gold, silver, copper, platinum, or palladium. I found most states have recently do the same thing. I have done business with AMPEX they do not charge sales tax on precious metals. Can anyone help with this ebay has not sent a response.
1 comment
glorybells
Mentor1 year agoThe category the item is listed in is what causes sales tax to be charged/not charged. For example, if a coin were listed in Collectibles instead of coins, that would trigger the tax to be charged.