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California Resolves Coin, Bullion Sales Tax Issue With Legislation

A new state bill answers questions that California coin and bullion dealers had concerning new changes to the sales tax law.

United statesSan diegoSteve cattolicaGavin newsomNational coinNational coin bullion associationBullion merchant associationBullion associationCalifornia department of taxCalifornia senate committee on governanceFee administrationSenate billCalifornia governor gavin newsomCalifornia coinCalifornia departmentCalifornia senate committee

Bullion Dealers Call for Clarification of State Tax Changes

Bullion Dealers Call for Clarification of State Tax Changes
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United statesLos angelesCalifornia department of taxInvestor brand networkBullion merchants associationFee administrationCalifornia departmentCalifornia coinPhones only

Bullion Dealers Call For Clarification Of State Tax Changes

Bullion Dealers Call For Clarification Of State Tax Changes
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CCBMA advocates for fair treatment and clarity on sales tax threshold changes

CCBMA advocates for fair treatment and clarity on sales tax threshold changes
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United statesSan diegoBullion merchants associationBullion associationCalifornia department of taxNational coinFee administrationCalifornia coinCalifornia departmentBulk salesMonetized bullionNonmonetized goldSilver bullionNumismatic coins increased

California Bullion Dealers Advocate for Clarity on Tax Changes

California increased its exemption threshold for sales and use tax on bulk sales of bullion and numismatic coins effective January 1, 2023.

San diegoUnited statesNational coinBullion merchants associationCalifornia department of taxFee administrationBullion associationCalifornia coinCalifornia departmentBulk salesMonetized bullionNonmonetized goldSilver bullionNumismatic coins increased