This tax guide provides a detailed and technical yet easy-to-read overview of the state sales tax rules for BOLD Precious Metals in Mississippi. Currently, BOLD Precious Metals is not required to collect sales tax for items sold and shipped to Mississippi. However, this tax status is continually being analyzed and may change in the future based on evolving regulations and business activities.
"For the time being, the sales tax rules for precious metals in Mississippi are as follows"
Rare or antique coins once used as legal tender in the United States, including uncirculated coins and proofs.
Paper money was previously legal cash in the United States.
Rare or antique coins composed of pure gold or silver that were previously considered legal tender in the USA.
Coins struck in America are made from purified gold, silver, platinum, or palladium, the worth of which depends on the shifting market prices for precious metals. These coins, which are frequently purchased as investments, can be retained in an IRA under 26 USC § 408(m).
Bars, ingots, or different kinds comprising purified gold with a purity of 99.5%, purified silver with a purity of 99.9%, and refined platinum with a fineness of 99.95%.
Rare or antique coins, notably uncirculated coins, and proofs, that were initially legal tender in nations apart from the United States.
Scarce or antique paper currency that was initially legal tender in nations apart from the United States.
Mississippi sales tax rates are defined by the precise tax rates issued by the taxing jurisdiction of the delivery location in Mississippi. However, as previously mentioned, BOLD Precious Metals currently doesn't collect sales tax for items sold to Mississippi addresses.
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. Once your Reseller Certificate is received, you won't be charged sales tax on future orders as long as your certificate remains valid.
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 Mississippi. It only provides a detailed and technical overview of the current sales tax laws and requirements for transactions with BOLD Precious Metals. For more information on Mississippi's sales tax laws and requirements, please visit the Mississippi Department of Revenue at https://www.dor.ms.gov/.
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