This tax guide provides a detailed and technical, yet easy-to-read, overview of the state sales tax rules for BOLD Precious Metals in Georgia. BOLD's sales tax license number is 20308431348, and their phone number is 1-866-454-2653.
"In Georgia, the sales tax rules for precious metals depend on the type of item"
All rare or antique coins used as legal tender in the U.S. or other countries, including uncirculated coins and proofs, are exempt from sales tax. This exemption is based on their rarity, demand, condition, and mintage.
Paper currency that was once legal tender in the U.S. or elsewhere, valued for its rarity, demand, and condition, is tax-exempt.
Coins made from refined gold, silver, platinum, or palladium, whether minted in the U.S. or abroad, are tax-exempt. This includes coins whose value is influenced by the market price of precious metals and those suitable for IRA investment under 26 USCS § 408(m).
Bars, ingots, or other forms composed of refined gold or silver with a purity of 99.5% or more, and platinum or palladium products meeting or exceeding a 90% purity level but not meeting higher fineness standards, are also exempt from sales tax.
Bars, ingots, or other forms containing refined precious metals of 99.95% purity or greater are taxable, except for those containing gold or silver with a purity of 99.5% or more, which are tax-exempt.
Bars, ingots, or other forms that contain refined platinum or palladium of 90% purity or more but do not meet certain fineness standards are subject to state sales tax.
Sales taxes in Georgia are computed at checkout depending on the taxability of items offered by BOLD Precious Metals and the particular tax rates charged by the taxing authority of the delivery location in Georgia.
To file a Reseller Certificate with BOLD Precious Metals, please email it to [email protected] or mail it to BOLD Precious Metals, LLC, 7301 Ranch Road 620 N Suite 155-194, Austin, TX 78726-4537. As long as your Reseller Certificate is still in effect, you are not subject to sales tax on subsequent purchases after receiving it.
If you have any questions or need assistance, please contact BOLD's customer support team:
This information doesn't cover all sales tax laws and requirements in Georgia. It only provides a detailed and technical overview of the current sales tax laws and requirements for transactions with BOLD Precious Metals. For further research on sales tax laws and requirements in Georgia, we recommend visiting the Georgia Department of Revenue.
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