Ebay and taxes on bullion purchases

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So as you can plainly see they do charge tax
I would love for someone to prove me wrong so I could Save me several thousand dollars in taxes..LOL

 

Are you STATING that the Supreme Court has never reversed its' position of a case verdict, maybe inconceivable?

 

What's With The LONG Shipping Times??
Sounds Sketchy
Like I said before...you have to find a work around.
Shipping addresses make a difference
Maybe not saving thousands but not paying the tax.
Unless you are talking about multiples, then yes in the thousands.
FYI, I do know someone in the delivery business.
Now let me get that Out of my cart before I accidentally end up with another one

 

Of course. It would never occur to me to employ sarcasm.

 

The problem is they only sale on line and through ebay, theres no middle ground
unfortunately

 

Some of those guys do sell by app, you might check.

 

I bought a 1 oz gold buffalo around 2 years ago on ebay and I wasn't charged tax, I'm in California. Different addresses may be helpful!

 

In Calif., purchases of PM's and coins of $2000 or more have no sales tax. It is the invoice total that counts. Multiple lesser value items can be purchased, but as long as the invoice total is $2000 or more ... no tax. Mike

 

Las Vegas seller, Las Vegas buyer ( me ) still charging tax

 

Any idea why? Wonder if they're trying to pocket it?

 

I find it hard to believe that they would charge tax when they're not supposed to, could have something to do with that 50% blurb below, other than that I have no idea.

Sales tax on purchases

• Bullion: Exempt from sales tax if not used as a medium of exchange, as long as its sales price is not more than 50% above its face value.

 

What "bullion" does not sell at more than 50% above its face value ($50 for 1oz AGEs, $1 for ASEs)?

It seems to me that similar statutes I've seen exclude bullion sold for more than 50% above its bullion value - in other words, if it's got a significant numismatic premium.

Edit: this claims to be the statute in question:

https://www.law.cornell.edu/regulations/nevada/NAC-372-170

It does in fact say "face value". No wonder we're confused.

So that 500-gram bar shouldn't incur sales tax (no face value), but AGEs and ASEs apparently should.

 

Compare North Carolina's law exempting bullion from sales tax, which specifically includes:

In other words, non-PM coins, and even collectible paper money and stamps, are exempt from sales tax. Jewelry, though, is not (because it's "fabricated precious metal"). It looks like metal wire/stock/foil intended for jewelry manufacture also would not be exempt, although a jeweler selling taxable products would presumably be eligible for a tax waiver on raw materials.