Arkansas Precious Metals Sales Tax
What Precious Metals Are Taxed in Arkansas?
Sales Tax on Precious Metals (Coins and Bars) in Arkansas
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Arkansas, here is the most current information regarding sales tax.
Does Arkansas Charge Sales Tax on Precious Metal Coins and Bars?
Arkansas does NOT charge state sales tax on precious metal coins and bullion.
As of October 1, 2021, Arkansas law exempts sales of gold, silver, platinum, and palladium coins, as well as bullion bars, from state sales and use tax if the items are sold for investment purposes.What is exempt:
Coins or bars made of gold, silver, platinum, or palladium that are sold for their precious metal content or as legal tender.
Numismatic coins and investment-grade bullion.
What is still taxable:
Jewelry, medallions, and other items not sold as investment-grade coins or bullion remain subject to sales tax, but these are outside the scope of this guide.
Local sales taxes:
Arkansas’s exemption applies statewide, so local jurisdictions cannot impose additional sales tax on exempt precious metals coins and bars.
For the most accurate and current details, refer to the Arkansas Department of Finance and Administration – Sales and Use Tax.
Summary Table: Arkansas Sales Tax on Precious Metals Coins and Bars
| Product Type | State Sales Tax | Local Sales Tax | Notes |
|---|---|---|---|
| Bullion coins and bars | No | No | Exempt if sold for investment purposes |
| Numismatic coins | No | No | Exempt if sold for investment purposes |
Official Government Resources
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Arkansas may change without notice. This page provides general guidance only. Please consult your local tax authority or a qualified tax professional, and check official state resources for the most current and accurate information before making any precious metals transactions.
If you want to buy or sell precious metal coins and bars in Arkansas, these transactions are generally tax-free. Always verify your specific products and stay updated with the Arkansas Department of Finance and Administration.
Sales tax is assessed according to where one is shipping the purchase to.
Safe Haven Metal uses an advanced sales tax computation system to calculate the correct precious metals’ sales tax applicable to your zip code. Making your purchase the best price with the most accurate tax automatically calculated for you. Now all you need to do is figure out which precious metals you are going to buy next with Safe Haven Metal.
