- 888-696-4653
-
888-696-4653
Call Us
-
0
Cart
-
Open Account/Login
Open Account/Login
You have no items in your shopping cart.
Nevada Precious Metals Tax Information
The tax on precious metals in Nevada is complex and depends on several factors.
Type of Precious Metal:
- Bullion. Generally exempt from sales tax if it is considered a medium of exchange and not a collectible. This includes most gold, silver, platinum, and palladium coins and bars.
- Collectible Coins. Subject to sales tax if they have a numismatic value (value beyond their precious metal content).
- Jewelry and other Processed Items. Subject to sales tax.
- County. The sales tax rate varies by county, ranging from 6.85% to 8.38%. The state tax is 6.85%, and the rest is the county tax.
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF NEVADA. 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 NEVADA 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 NEVADA, WE SUGGEST YOU VISIT THE NEVADA DEPARTMENT OF TAXATION LOCATED AT https://tax.nv.gov/.
