Georgia Precious Metal Sales Taxes

 

How Does Georgia Tax Precious Metals?

Hero Bullion customers residing in Georgia should know that the state requires sales tax collection for certain bullion products. Products made of palladium or copper, accessories, and processed bullion items are taxable. Additionally, currencies that have never been used as legal tender in any country are taxed in Georgia. All other product categories sold on the Hero Bullion website are not taxable. 

When you checkout with your bullion products, we will automatically tabulate and apply relevant Georgian taxes to your order total. This page is not a comprehensive guide, but may serve as a reference for Georgian customers who wish to learn more about how tax laws in the state might affect their purchase. 

One important element of Georgia’s tax laws is that specific tax rates for taxable purchases might change from jurisdiction to jurisdiction. We determine the amount of tax owed on your purchase using the address you provide us for shipping at checkout. 

Taxable item categories in Georgia include:

Taxable Product	Definition
Copper and Palladium Products	Any product primarily minted using these two precious metals is taxable in Georgia.
Non-Tender Currency	Currency that has never been used as legal tender by a sovereign government are taxed in the state of Georgia.
Accessories	Accessories are items that are used to store, maintain, or display precious metal products. Popular accessories include coin flips, holders, and cleaners. Accessory products are taxable in Georgia.
Processed Bullion	A product is considered processed (and thus taxable in Georgia) if it is altered by a third party in order to add value to its base precious metal content.

How Does Hero Bullion Calculate Sales Taxes in Georgia? 

If you have any questions or concerns about how we calculated sales taxes on your order, don’t hesitate to reach out to our customer support team. 

Georgians who have questions or would like to read further about how the state applies its tax laws to bullion products should consider visiting the website for the Georgia Department of Revenue.