Nevada
Last updated on May 21, 2023

Nevada 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 Nevada. BOLD's sales tax license number is 1042572925-001, and their phone number is 1-866-454-2653.

"In Nevada, the sales tax rules for precious metals depend on the type of item"


Taxable at State Sales Tax Rate:

  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 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.

Tax Exempt:

  1. Investors can acquire bars, ingots, or other forms containing refined gold with a purity of 99.5% or refined silver with a purity of 99.9%.

  2. Bars, ingots, or other forms containing refined platinum of 99.95% purity or refined precious metals of 99.95% purity or greater.

  3. Bars, ingots, or other forms containing refined gold, silver, platinum, or palladium of 90% purity or more but less than the minimum fineness standards.

Sales taxes in Nevada 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 Nevada.

Nevada-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 Nevada. 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 Nevada, we recommend visiting the Nevada Department of Taxation at  https://tax.nv.gov/.

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