Paying state sales tax on internet bullion purchases

Discussion in 'Bullion Investing' started by Fender Bender, Oct 30, 2017.

  1. Fender Bender

    Fender Bender Member

    Wow, I did some searches on here and also the Kansas revenue website.

    Trying to figure out if I need to pay KS sales tax on internet bullion purchases.

    The KS revenue site was very confusing. Best I can tell 6.5% tax is required. Then it goes on to say it's a use tax and links to a four page tax form that was complicated at best.

    Also, the KS government currently has a bill going thru the process to exempt PM's from sales tax.

    The more I search the further down the rabbit hole I go with fewer answers and more questions.

    Would appreciate any insight.

    Thanks.
     
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  3. Deadline

    Deadline Active Member

    Brett_in_Sacto and sakata like this.
  4. green18

    green18 Sweet on Commemorative Coins Supporter

    Don't sweat it. The way the tax codes are written the goobers won't catch you till after you're fifty years dead.........
     
    Brett_in_Sacto likes this.
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