Gold Money Bill

A cited record of state legal tender and bullion tax law

Comparison record

Bullion sales tax and legal tender status, by state

22 of 24 researched states charge no state sales tax on an ordinary bullion purchase. 5 of those levy no general sales tax at all; the rest carry a specific bullion exemption. The remaining 26 states carry no status here at all, because nobody has yet read their statutes for this record.

What a row here means

This site publishes a status for a state only where a person has read the primary source and can point you at it. Where that has not happened yet, the row says so and stops. It does not carry a value copied from another summary, and it does not carry a guess dressed up as a finding.

A state name is a link when there is a page of sources behind it. Where it is plain text, the row is the whole of what this site is willing to assert. Every published row also carries the date a human last checked its claims against the documents cited on its page, so you can judge how stale the answer might be rather than trusting that it is current.

All fifty states

24 states researched and published below. 26 not yet researched, marked as such in every column rather than guessed at.

Sales tax, legal tender, income tax on gains, and depository status, all fifty states
State Sales tax on bullion Legal tender Capital gains Depository Verified
Alabama Exempt with conditions Recognized Not taxed None
Alaska No state sales tax Not recognized No exemption None
Arizona Exempt Not recognized Not taxed None
Arkansas Exempt Recognized Not taxed None
California Not yet researched Not researched Not researched Not researched Not researched
Colorado Not yet researched Not researched Not researched Not researched Not researched
Connecticut Not yet researched Not researched Not researched Not researched Not researched
Delaware No state sales tax Not recognized No exemption None
Florida Exempt with conditions Recognized Not taxed None
Georgia Not yet researched Not researched Not researched Not researched Not researched
Hawaii Not yet researched Not researched Not researched Not researched Not researched
Idaho Exempt Recognized Not taxed None
Illinois Not yet researched Not researched Not researched Not researched Not researched
Indiana Not yet researched Not researched Not researched Not researched Not researched
Iowa Not yet researched Not researched Not researched Not researched Not researched
Kansas Exempt with conditions Not recognized No exemption None
Kentucky Not yet researched Not researched Not researched Not researched Not researched
Louisiana Exempt with conditions Recognized No exemption None
Maine Not yet researched Not researched Not researched Not researched Not researched
Maryland Exempt with conditions Not recognized No exemption None
Massachusetts Not yet researched Not researched Not researched Not researched Not researched
Michigan Not yet researched Not researched Not researched Not researched Not researched
Minnesota Not yet researched Not researched Not researched Not researched Not researched
Mississippi Not yet researched Not researched Not researched Not researched Not researched
Missouri Exempt with conditions Recognized Not taxed None
Montana No state sales tax Not recognized No exemption None
Nebraska Exempt Not recognized Not taxed None
Nevada Not yet researched Not researched Not researched Not researched Not researched
New Hampshire No state sales tax Not recognized No exemption None
New Jersey Not yet researched Not researched Not researched Not researched Not researched
New Mexico Not yet researched Not researched Not researched Not researched Not researched
New York Not yet researched Not researched Not researched Not researched Not researched
North Carolina Exempt Not recognized No exemption None
North Dakota Not yet researched Not researched Not researched Not researched Not researched
Ohio Not yet researched Not researched Not researched Not researched Not researched
Oklahoma Exempt Recognized No exemption None
Oregon No state sales tax Not recognized No exemption None
Pennsylvania Not yet researched Not researched Not researched Not researched Not researched
Rhode Island Not yet researched Not researched Not researched Not researched Not researched
South Carolina Not yet researched Not researched Not researched Not researched Not researched
South Dakota Exempt Not recognized Not taxed None
Tennessee Exempt Not recognized Not taxed None
Texas Exempt Not recognized Not taxed Authorized
Utah Exempt with conditions Recognized Not taxed None
Vermont Taxed Not recognized No exemption None
Virginia Not yet researched Not researched Not researched Not researched Not researched
Washington Exemption repealed Not recognized No exemption None
West Virginia Not yet researched Not researched Not researched Not researched Not researched
Wisconsin Not yet researched Not researched Not researched Not researched Not researched
Wyoming Exempt with conditions Recognized Not taxed None