In Louisiana, most precious metals are exempt from sales tax. This includes gold, silver, platinum, and palladium in various forms like bullion, coins, and bars.
The sales tax rate on these taxable items is 4% at the state level, but some local parishes (counties) might add their own sales tax, making the total rate higher in certain areas..
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF LOUISIANA. 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 LOUISIANA 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 LOUISIANA, WE SUGGEST YOU VISIT THE LOUISIANA DEPARTMENT OF REVENUE LOCATED AT https://revenue.louisiana.gov/.