Califorina

Category: California Bullion & Coin Dealers / Gold Buyers CA

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Are Bullion Sales Taxed in California?bullion sale tax

California places a 7.25% sales tax on bullion bars and coins.

There is however an exemption where the total purchase price of an order is above $1500.

California’s state tax laws here, make California a poor choice for small orders, but an excellent choice for buying investment precious metals over this threshold.

Our full list of zero tax states can be found here – where California gold investors will be able to buy and store smaller quantities of gold without this disadvantage, although at such a low threshold it’s probably better to make larger purchases in-state.

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IMPORTANT: The above tax details are listed for information purposes only and are believed correct at time of publication. Bullion.Directory are not tax experts. All enquiries about local and state taxes should be addressed to the appropriate local body. Taxes and taxation are subject to change.

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