There is no sales tax on precious metal bullion or coins in Maryland, regardless of the purchase price.
Prior to this date, purchases over $1,000 were exempt from the state's 6% sales tax.
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF MARYLAND. 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 MARYLAND 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 MARYLAND, WE SUGGEST YOU VISIT THE MARYLAND COMPTROLLER LOCATED AT https://taxes.marylandtaxes.gov/Business_Taxes/.