Arizona Precious Metal Sales Taxes
At a Glance: Taxable Precious Metal Products in Arizona
Hero Bullion is required by Arizona law to collect state sales taxes on the sale of three categories of products. Sales tax on these items must be collected whenever the product is delivered to an address within the state of Arizona.
Categories of items for which sales tax is required in Arizona:
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- Copper Products.
- Accessories.
- Processed Products.
How Does Arizona Tax Precious Metals?
Our goal is always to make buying bullion as simple and straightforward as possible. This is especially important when it comes to sales tax collection, as laws and taxable bullion items can vary from state to state. Sales taxes are calculated based on relevant tax laws in the state where customers live, so we’ll add any sales taxes onto your final total as you checkout.
Here’s a brief overview of the three categories of products on our website that are subject to sales tax collection when shipped to residents of Arizona:
| Taxable Product | Definition |
|---|---|
| Copper Products | All copper products are eligible for sales tax collection in Arizona. A copper product refers to any product made primarily with copper bullion. |
| Accessories | Accessories are products used to store, maintain, or display precious metal items. Common accessories sold by Hero Bullion include coin capsules, displays, tubes, cleaners, and monster boxes. Accessories are taxed in Arizona. |
| Processed Bullion | Hero Bullion sells some products that are considered “processed bullion products.” Arizona defines this category as products as those bullion items that have been processed to be “valued on more than their precious metal content.” This category includes “statues or colorized coins.” Processed bullion items are subject to sales tax collection in Arizona. |
How Does Hero Bullion Calculate Sales Taxes in Arizona?
Remember: this is not a comprehensive guide to tax laws in your state, and our description of taxes in Arizona does not constitute advice. We make every effort to comply with relevant state and local laws regarding sales taxes. For more information on Arizona’s sales tax legislation and regulations, please consult the official website for the Arizona Department of Revenue here.