Nebraska Precious Metals Tax Information



In Nebraska, there is no sales tax on currency or bullion, which includes coins and bars made of gold, silver, or other precious metals. This exemption applies to purchases of any quantity.


Taxable Products in Nebraska


  • Certain Currency. Currency that has not been issued as legal tender.
  • Accessory Items. Items such as holders, tubes or coin flips.
  • Processed Items. Precious Metals that have been processed by third parties into items valued on more than their Precious Metal content, such as jewelry, statues or colorized coins.

As of 2024, Nebraska also eliminated capital gains taxes on the sale of gold and silver, making it an even more attractive state for precious metals investors.


PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF NEBRASKA. 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 NEBRASKA 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 NEBRASKA, WE SUGGEST YOU VISIT THE NEBRASKA DEPARTMENT OF REVENUE LOCATED AT http://www.revenue.nebraska.gov/.