Alabama

Exempt from Sales Tax Through 2028:

• Refined bullion (gold, silver, platinum, and palladium), bullion coins whose sales price is directly tied to the prevailing market value of the metal and contain at least 80% precious metal content, and United States coins and currency recognized as legal tender.

Taxed:

• Numismatic Coins: Coins purchased primarily for their rarity, age, historical significance, or condition rather than their intrinsic metal value.

Resources:

https://legiscan.com/AL/bill/SB13/2022

Zang International is not a tax advisory firm, and this information is provided for general educational purposes only. It should not be relied upon as legal or tax advice and does not represent a complete summary of applicable sales tax laws or requirements in any state or jurisdiction. Tax laws vary by location and are subject to change. For the most accurate and up-to-date guidance, please consult a qualified tax professional or the official Department of Revenue website for your state.