NO Sales Tax on Gold and Silver in Utah!
There is an exemption for the sale of currency and coins that is used as legal tender in any country. A purchase of any bars, nuggets, or bullion that is at least 50% pure is not currency and is taxable. However, all gold and silver coins are considered legal tender and still exempt. Just another Reason to Buy from Drockton Bullion & Coin Ltd. We are a Utah Company!
Why Your Business Should Accept Silver and Gold
Gold and Silver Are Legal Tender in Utah. This means they can be used as money throughout the state. Learn how your business can profit from accepting Gold and Silver without the risks of liquidation, cash flow or other concerns. Drockton Bullion and Coin Ltd has a proven Retail Partnership Program. (Please note that Retail transactions where gold and silver are used are still subject to Sales Tax in Utah). Contact us for more information.