This updated tax guide provides a comprehensive and accessible overview of the state sales tax rules applicable to BOLD Precious Metals in Indiana. BOLD's sales tax license number is 0170844757-001, and their contact number is 1-866-454-2653.
"In Indiana, the sales tax rules for precious metals vary based on the type of item."
Rare or antique coins formerly used as legal tender in the United States, valued for their rarity, demand, condition, and mintage. This includes uncirculated coins and proofs.
Paper currency once serving as legal tender in the United States, with a market value influenced by rarity, demand, and condition.
Rare or antique coins crafted from refined gold or silver, previously used as legal tender in the United States, whose value is based on rarity, demand, condition, and mintage..
Coins made from refined gold, silver, platinum, or palladium, minted in the United States. Their value is tied to the fluctuating market prices of precious metals. These coins are often investments and are eligible to be held within an IRA under 26 USCS § 408(m).
Coins made from refined gold, silver, or platinum minted in countries other than the United States, with values determined by the fluctuating market prices of precious metals. These coins often exceed minimum fineness standards.
Bars, ingots, or other forms containing refined gold of 99.5% purity, refined silver of 99.9% purity, or refined platinum of 99.95% purity.
Rare or antique coins, once legal tender in countries other than the United States, whose value is based on rarity, demand, condition, and mintage. This includes uncirculated coins and proofs.
Rare or antique paper currency from countries other than the United States, valued for its rarity, demand, condition, and mintage.
Coins made from refined precious metals, minted in countries other than the United States, with a value influenced by the fluctuating market prices of precious metals. These coins have a fineness of 90% or greater but may not meet minimum fineness standards.
Bars, ingots, or other forms containing refined gold, silver, platinum, or palladium with 90% purity or more, yet falling below the minimum fineness standards.
Sales taxes in Indiana are calculated at checkout based on the taxability of items sold by BOLD Precious Metals and the specific tax rates applicable in the delivery location within Indiana.
To submit a Reseller Certificate to BOLD Precious Metals, 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. With a valid Reseller Certificate, you are exempt from sales tax on future purchases from BOLD Precious Metals.
For inquiries or assistance, reach out to BOLD's customer support team at:
This guide doesn't encompass all sales tax laws and requirements in Indiana but offers a detailed overview of current sales tax laws and requirements for transactions involving BOLD Precious Metals. For more comprehensive research on Indiana's sales tax laws and requirements, visit the Indiana Department of Revenue.
Affiliations
Copyright BOLD Precious Metals 2024
