Idaho Precious Metals Sales Tax
What Precious Metals Are Taxed in Idaho?
Sales Tax on Precious Metals (Coins and Bars) in IdahoÂ
Are you looking to buy or sell gold, silver, platinum, or palladium coins and bars in Idaho? Here’s the latest on state sales tax rules for bullion, coins, and collectibles.
Does Idaho Charge Sales Tax on Precious Metal Coins and Bars?
Idaho does NOT charge state sales tax on precious metal coins and bullion bars.
This exemption includes:
Gold, silver, platinum, and palladium bullion bars
Legal tender coins made from precious metals
The exemption is outlined in Idaho Statute §63-3622V.
Local sales tax:
Idaho does not allow local jurisdictions to impose additional sales taxes on precious metals coins and bars.
Summary Table: Idaho Sales Tax on Precious Metals Coins and Bars
| Product Type | State Sales Tax | Local Sales Tax | Notes |
|---|---|---|---|
| Bullion coins and bars | No | No | Exempt statewide |
| Legal tender coins | No | No | Exempt statewide |
Official Government Resources
Â
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Idaho 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 Idaho, these transactions are tax-free. Always verify your specific products and stay updated with the Idaho State Legislature.
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.
