Wisconsin Precious Metals Tax Information



ITM Trading no longer collects sales tax on bullion products in Wisconsin if they consist of at least 35% gold, silver, copper, platinum, or palladium. Taxable Items Include:

  • Accessories, such as holders, tubes, coin flips, and similar apparel.
  • Processed items, which means products that were processed by third parties and have more value than its original precious metals content (e.g. colorized coins, black ruthenium/gold plated coins, etc.)

PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF WISCONSIN. 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 WISCONSIN 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 WISCONSIN, WE SUGGEST YOU VISIT THE WISCONSIN DEPARTMENT OF REVENUE LOCATED AT https://www.revenue.wi.gov/Pages/home.aspx.