Alaska is one of the few US states that does not charge a state sales tax, so precious metal purchases are typically exempt from taxation. This includes bullion and numismatic coins in populated areas like Anchorage, where most of Alaska's precious metal dealers are located. However, cities and boroughs in Alaska may have their own rules and levy local sales taxes. In January 2023, House Bill 3 was introduced to exempt gold and silver coins and bullion from local sales and use taxes.
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF ALASKA. 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 ALASKA THAT RELATE TO THE READER’S TRANSACTIONS WITH ITM TRADING. IF YOU WOULD LIKE TO RESEARCH THE SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF ALASKA, WE SUGGEST YOU VISIT THE ALASKA DEPARTMENT OF REVENUE LOCATED AT https://dor.alaska.gov/.