Sell To Us
Sell To Us
On June 21, 2018, the United States Supreme Court announced a decision in favor of South Dakota in South Dakota v. Wayfair Inc, where the state argued it was losing out on local sales taxes with more and more consumers shopping online rather than in brick-and-mortar stores.
This means that, online retailers such as Midwest Precious Metals Exchange, LLC now have to adapt to the varying state sales tax rules and regulations across the United States. Sales taxes will be calculated and charged based on the address where the order is delivered. These sales tax rules will go into effect across all 50 states beginning April 24, 2019.
Clients may refer to the chart below, for a list of sales tax rules by state as they pertain to precious metals. Please note that states periodically change their tax rules, and this list may not be fully up-to-date at all times. There may also be additional sales tax charged based on your city, zipcode, and/or parish as they require.