Nebraska Precious Metal Sales Taxes

 

How Does Nebraska Tax Precious Metals?

Our goal is to make bullion investment an easy process from start to finish. That’s why we make tax laws accessible and simple to understand for our valued customers. In the state of Nebraska, copper items, non-tender currency, accessories, and processed bullion products are subject to sales taxation. We collect all relevant taxes at checkout, and our automated system calculates these fees before you finalize your purchase. 

It can be difficult to navigate bullion laws and regulations, especially since there are so many different laws in municipalities across the country. If you’re purchasing any of the following items from us and having them shipped to an address in Nebraska, expect that we’ll be obligated to collect sales taxes:

Taxable Product	Definition
Copper Products	If your product is made of primarily copper bullion, sales taxes must be collected in the state of Nebraska.
Non-Tender Currency	Bullion coins that are not used as currency in the United States are subject to sales taxation. Coins from foreign governments carrying face value in another currency, for example, are taxable. American products used as currency are not taxed in Nebraska.
Accessories	Coin tubes, flips, or holders fall under the umbrella of accessories. When you buy accessories from Hero Bullion, we will collect all relevant sales taxes.
Processed Bullion	Bullion products are considered taxable in Missouri if they are sent to a third-party for additional processing before being sold to the consumer. Coins that are colorized, jewelry, and select other precious metal products are processed items and are thus taxed in Nebraska.

How Does Hero Bullion Calculate Sales Taxes in Nebraska? 

We don’t want taxes to complicate your purchasing process. Hero Bullion automatically calculates all taxes when you input your shipping address during the checkout process, so all you need to do is keep building your stack with quality gold, silver, or other precious metal items!

Our customer service team is happy to answer any questions or concerns you might have about how we calculate state sales taxes on Nebraska purchases. 

For more information about Nebraska’s precious metal sales tax laws, check out the Nebraska Department of Revenue website.