Wisconsin Sales Tax on Gold & Silver Bullion / Coins
The State of Wisconsin requires the collection of sales taxes on certain products sold by BGASC and delivered to a Wisconsin address. These taxes must be collected on (1) accessory items; and (2) processed items. All other products sold by BGASC are exempt from these taxes.
The following definitions apply to products on which taxes must be collected in Wisconsin:
- Accessory Items. Items such as holders, tubes, coin flips, and apparel.
- Processed Items. Precious metals that have been processed by third parties into items that are valued on more than their precious metal content, such as statues or colorized coins.
Sales taxes in Wisconsin are calculated at checkout on the BGASC website based on (1) the taxability of products sold by BGASC in Wisconsin set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Wisconsin.
BGASC began collecting sales taxes in Wisconsin on October 18, 2022. Additionally, Wisconsin enacted legislation in 2024 that eliminated the taxability of certain items sold by BGASC. This new legislation went into effect on March 23, 2024. Our sales tax license number in Wisconsin is 456-1030231457-02.
If you are a Wisconsin-based reseller and wish to file a Reseller Certificate with BGASC, please download the Wisconsin Reseller Certificate form here. Once you have filled out this form, either email it to customerservice@BGASC.com; or mail it to Buy Gold and Silver Corp, 6125 Luther Lane #474, Dallas, TX 75225. Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged sales taxes on future orders as long as your Reseller Certificate remains valid and in force.
Please note: The above is not a comprehensive description of sales tax laws and requirements in the State of Wisconsin. It is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the State of Wisconsin that relate to the reader’s transactions with BGASC. If you would like to research the sales tax laws and requirements in the State of Wisconsin, we suggest you visit the Wisconsin Department of Revenue located at https://www.revenue.wi.gov/Pages/home.aspx.