Colorado
Colorado State Sales Tax Requirements for Bullion & Collectibles Industry
The State of Colorado requires the collection of sales taxes on certain products sold by the Coinhuskers and delivered to a Colorado address. These taxes must be collected on (1) copper products; (2) certain numismatic pieces; (3) accessory items; and (4) processed items. All other products sold by Coinhuskers are exempt from these taxes.
The following definitions apply to products on which taxes must be collected in Colorado:
- Certain Numismatic Pieces. Precious metal bullion and coins that are not, or never were, used as currency or mediums of exchange in the United States or a foreign country.
- 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 Colorado are calculated at checkout on the Coinhuskers website based on (1) the taxability of products sold by Coinhuskers in Colorado set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Colorado.
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF COLORADO. 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 COLORADO THAT RELATE TO THE READER’S TRANSACTIONS WITH Coinhuskers. IF YOU WOULD LIKE TO RESEARCH THE SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF COLORADO, WE SUGGEST YOU VISIT THE COLORADO DEPARTMENT OF REVENUE LOCATED AT HTTPS://WWW.COLORADO.GOV/REVENUE.
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