Why am I required to pay CA sales tax on bullion for orders under $2,000?
2023 1 oz American Gold Eagle
I thought bullion was tax free. Particularly because I don't need the government to know what I'm purchasing... If I can purchase my item(s) w/o paying sales tax, I'm all-in w/GoldClub Direct!
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Open Oct 05, 2023 - 05:36 PM
1answer
Answer
Oct 13, 2023 - 10:24 AM
While in many states it is tax free, California is not one of them. Taxes are collected on sales of gold and silver bullion or numismatic coins if the transactions if less than $2,000. That being said, as long as your purchase is more than $2,000, your purchase is tax free!
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2023 1 oz American Gold Eagle
The 2023 1 oz American Gold Eagle is one of the most popular gold coins on the market and is now available to purchase from GoldClub Direct. The Gold Eagle series was originally introduced in 1986 in bullion and proof versions. In 1987 and 1988, the US Mint grew the series by producing Proof Gold Ea...
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