Louisiana Precious Metals Sales Tax
What Precious Metals Are Taxed in Louisiana?
Sales Tax on Precious Metals (Coins and Bars) in Louisiana
If you are buying or selling gold, silver, platinum, or palladium coins and bars in Louisiana, here is the most current information regarding sales tax.
Does Louisiana Charge Sales Tax on Precious Metal Coins and Bars?
Louisiana does NOT charge state sales tax on precious metal coins and bullion.
According to Louisiana Revised Statutes § 47:301(16)(b)(ii), the sale of certain precious metals is exempt from state sales tax.
The exemption applies to:
Platinum, gold, or silver bullion (bars, ingots, or coins) valued solely on their precious metal content.
Legal tender coins made of platinum, gold, or silver, issued by any government.
Numismatic coins and jewelry are not included in this exemption.
Local Sales Taxes
Local (parish or municipal) sales taxes may still apply to precious metals transactions. Always check with your local tax authority for the most accurate information.
Official Government Resource
Summary Table: Louisiana Sales Tax on Precious Metals Coins and Bars
| Product Type | State Sales Tax | Local Sales Tax | Notes |
|---|---|---|---|
| Bullion coins and bars | Exempt | Possible | Exempt from state tax; check local rules |
| Legal tender coins | Exempt | Possible | Exempt from state tax; check local rules |
| Numismatic coins/jewelry | Taxable | Possible | Not exempt |
Disclaimer
Disclaimer: Sales tax laws and rates regarding precious metals coins and bars in Louisiana may change without notice. This page provides general guidance only. Please consult the Louisiana Department of Revenue or a qualified tax professional 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 Louisiana, state sales tax does not apply, but always verify local tax rules and stay updated with the Louisiana Department of Revenue.
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.
