Updating current precious metal market values...
Updating current precious metal market values...

Kansas Gold & Silver Bullion / Collectible State Sales Taxes

Rules and Regulations for the State of Kansas

The State of Kansas requires the collection of sales taxes on certain products sold by JM Bullion and delivered to a Kansas address.  These taxes must be collected on (1) copper products; (2) all coins except those made of gold or silver; (3) accessory items; and (4) processed items.

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

  • Coins. Precious metal which is or has been used as legal tender.
  • 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.

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

If you are a Kansas-based reseller and wish to file a Resale Exemption Certificate with JM Bullion, please download the Kansas Resale Exemption Certificate form here.  Once you have filled out this form, either email it to support@jmbullion.com; or mail it to JM Bullion, Inc., 11700 Preston Road, Suite 660153, Dallas, TX 75230.  Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged sales taxes on future orders as long as your Reseller Certificate remains valid and in force.

JM Bullion began collecting sales taxes in Kansas on October 1, 2019.  Our sales tax license number in Kansas is 005-461785757F-02.

Please note:  The above is not a comprehensive description of sales tax laws and requirements in the State of Kansas.  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 Kansas that relate to the reader’s transactions with JM Bullion.  If you would like to research the sales tax laws and requirements in the State of Kansas, we suggest you visit the Kansas Department of Revenue located at https://www.ksrevenue.org/.

created at:12/19/2024, 12:51:35 PM