Wyoming

Wyoming State Sales Tax Requirements for Bullion & Collectibles Industry

The State of Wyoming requires the collection of sales taxes on certain products sold by the Minot Coin & Bullion and delivered to a Wyoming address. These taxes must be collected on (1) copper products; (2) any uncoined bullion regardless of precious metal type; (3) accessory items; and (4) processed items. All other products sold by Minot Coin & Bullion are exempt from these taxes.

The following definitions apply to products on which taxes must be collected in Wyoming:

• Uncoined Bullion. Any bullion which does not meet the definition of coined bullion.
• Coined Bullion. Refined bullion which is coined, stamped or imprinted with its weight and purity, and valued primarily based on its metal content and not is form.
• Bullion. Precious metal that is valued solely upon its precious metal content, whether in coin or bar form.
• Accessory Items. Items such as holders, tubes, coin flips, and apparel.
• Processed Items. Precious metals that have been processed by third parties into items that are valued on more than their precious metal content, such as statues or colorized coins.

Sales taxes in Wyoming are calculated at checkout on the Minot Coin & Bullion website based on (1) the taxability of products sold by Minot Coin & Bullion in Wyoming set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Wyoming.

PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF WYOMING. 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 WYOMING THAT RELATE TO THE READER’S TRANSACTIONS WITH Minot Coin & Bullion. IF YOU WOULD LIKE TO RESEARCH THE SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF WYOMING, WE SUGGEST YOU VISIT THE WYOMING DEPARTMENT OF REVENUE LOCATED AT HTTP://REVENUE.WYO.GOV/.