Connecticut
Exemption Threshold:
- A single transaction of qualified gold and silver bullion totaling $1,000.00 or more is exmept from Connecticut sales tax.
Numismatics are exempt from sales and use tax in the state of Connecticut.
Major change effective on July 1, 2027
- Sales and use tax exemption will be expanded to inlcude platinum and palladium. The minimum purchase of $1,000.00 to be tax free will be eliminated making all gold and silver bullion purches tax free.
Resources:
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.
