Nebraska
Last updated on May 21, 2023

Nebraska Sales Tax Guide

This tax guide provides a detailed and technical, yet easy-to-read, overview of the state sales tax rules for BOLD Precious Metals in Nebraska. Currently, BOLD is not required to collect state sales tax in Nebraska, as we don't have a sales tax number. However, we continuously analyze the sales tax requirements and the status might change in the future. In the meantime, the following are the current state requirements for precious metals in Nebraska:


Tax Exempt:

  1. Rare or antique coins that were initially legal tender in the USA or other nations and whose value is determined by rarity, popularity, condition, and mintage, which incorporates uncirculated coins and proofs.

  2. Paper money that was initially considered legal tender in the USA or another country, with a market value determined by its scarcity, demand, and condition

  3. Coins manufactured in the USA or other nations using pure metals such as gold, silver, platinum, or palladium, the value of which is set by changes in the global price of precious metals. According to 26 USCS  § 408(m), such coins can be stored in an IRA and are often obtained as assets.

  4. Bars, ingots, or other products that include refined gold that is 99.5% pure or refined silver that is 99.9% pure or refined platinum that is 99.95% pure or higher or refined palladium that is 90% pure or greater but below the required fineness criteria.

Taxable at State Sales Tax Rate:

  1. Bars, ingots, or other forms containing refined platinum, palladium, or other precious metals of 90% purity or more but less than the minimum fineness standards.

Nebraska-Based Resellers:

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.

Contact Bold

If you have any questions or need assistance, please contact BOLD's customer support team:

1(866) 454-2653 [email protected]

Important

This information doesn't cover all sales tax laws and requirements in Nebraska. 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 Nebraska, we recommend visiting the Nebraska Department of Revenue at https://revenue.nebraska.gov/.

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