In the state of Oregon, there is no sales tax on the purchase of precious metals like gold, silver, platinum, or palladium. However, it's important to be aware of a recent change regarding the Corporate Activity Tax (CAT):

Corporate Activity Tax (CAT) Change:Oregon used to include total receipts from sales of precious metals in the CAT calculation. However, a bill passed in 2023 and effective in 2024 changed this. Now, the cost paid by the dealer for the precious metals is excluded from commercial activity subject to the CAT. This essentially eliminates the indirect tax burden that precious metal dealers were passing on to consumers.