Georgia
Georgia Gold & Silver Bullion / Collectible State Sales Taxes
Rules and Regulations for the State of Georgia
The State of Georgia requires the collection of sales taxes on certain products sold by Electrum Gold and delivered to an address in Georgia. These taxes must be collected on (1) palladium products; (2) copper products; (3) accessory items; and (4) processed items. All other products sold by Electrum gold are exempt from these taxes.
The following definitions apply to products on which taxes must be collected in Georgia:
- 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 Georgia are calculated based on (1) the taxability of products sold by Electrum Gold in Georgia set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Georgia.
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF GEORGIA. 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 GEORGIA THAT RELATE TO THE READER’S TRANSACTIONS WITH ELECTRUM GOLD. IF YOU WOULD LIKE TO RESEARCH THE SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF GEORGIA, WE SUGGEST YOU VISIT THE GEORGIA DEPARTMENT OF REVENUE LOCATED AT HTTPS://DOR.GEORGIA.GOV/.