CPMEX » Wisconsin Sales Tax on Gold & Silver Bullion / Coins
Sales Tax Law:
According to Tax Statute 11.78, “silver bullion and gold bullion” fall under the umbrella of types of tangible property and items subject to sales taxation.
The State of Wisconsin requires NPMEX to collect sales taxes on all products sold by NPMAX and delivered to a Wisconsin address.
Sales taxes in Wisconsin are calculated at checkout on the NPMEX website based on (1) the taxability of products sold by NPMEX in Wisconsin set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Wisconsin.
Capital Gains Tax:
Gold and silver are subject to capital gains taxation when exchanged for Federal Reserve notes or when used in barter transactions.
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 NPMAX. 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.
Buying Gold and Silver in Wisconsin
Buying precious metals from online dealer NPMEX has some major advantages. Though NPMEX is physically located in Erie Colorado, we ship all over the United States, every day. NPMEX offers a huge selection of coin and bullion products for Wisconsin residents to choose from. Buyers can shop by metal type or by form such as coin, round or bar. In addition to potential cost savings, shopping online at NPMEX is convenient and can be done from the comfort of your own home or office. Simply pick the coin or bullion products you want to buy, complete the simple checkout process, and your metals will be quickly shipped to your home or other destination of choice. Your precious metals purchases are fully insured and tracked while in transit.
Benefits to buying gold & silver online at NPMEX.co:
Because online precious metals dealer NPMEX may have lower overhead than brick and mortar coin shops, we are be able to pass savings on to our customers. NPMEX offers some of the lowest prices available for precious metals.
NPMEX is proud to serve the residents of Wisconsin, and offers a great value and buying experience.
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