California

Exemption Threshold:

• A single transaction of qualified gold and silver bullion or numismatic coins totaling $2,000.00 or more is exmept from California sales and use tax.

Qualified Producst sold by Zang Enterprises.

• Monetized bullion (coins or forms of money used as a medium of exchange)
• Non-monetized gold or silver bullion (smelted/refined, valued primarily on metal content)
• Numismatic coins (valued for collectibility, but still meet the bulk sale criteria)

Resources:

CDTFA - Effective July 1, 2023

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.