Category Archives: California Sales Tax

Bullion Legislation News, bullion precious metals, Bullion Taxes, California, California Sales Tax, Coins and the Law, Featured Bullion, lobbying, National Coin and Bullion Association, Precious Metals News, Recent Articles & Video, Taxes on Coins

California Resolves Coin, Bullion Sales Tax Issue With Legislation

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By National Coin and Bullion Association (NCBA) …… Last week, Senate Bill 889 (SB 889) reached the desk of California Governor Gavin Newsom for his signature, bringing an end to a three-month negotiation between the California Coin and Bullion Merchant Association (CCBMA) and the California Department of Tax and Fee Administration (CDTFA). The legislation addresses […]

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Bullion Legislation News, bullion precious metals, Bullion Taxes, California, California Sales Tax, Consumer Alert, Featured Bullion, lobbying, National Coin and Bullion Association, Precious Metals News, Press Releases, Recent Articles & Video, Taxes on Coins

California Coin and Bullion Sales and Use Tax Regulation Changed

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By National Coin and Bullion Association (NCBA) …… The state of California has increased its exemption threshold for sales and use tax on bulk sales of monetized bullion, nonmonetized gold or silver bullion, and numismatic coins, effective January 1, 2023. With higher inflation rates in 2022, regulations stipulated that the threshold adjust from $1,500 to […]

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