Finally, no Ohio sales tax on gold, silver, platinum, and palladium coins and bars!
Posted on December 13, 2016
Beginning January 1, 2017 sales of investment metal bullion and investment coins sold in Ohio are exempt from Ohio Sales Tax. Investment coins are defined in the new legislation as “any coin composed primarily of gold, silver, platinum, or palladium”.
A few examples of these bullion products...
American Eagle and Buffalo, Austrian Philharmonic, Canadian Maple Leaf, Australian Kangaroo, Chinese Panda and South African Krugerrand as well as Gold Bars.
American Eagle and Rounds, Canadian Maple Leaf, Australian Kangaroo, Silver Britannia, Austrian Philharmonic and Silver Bars.
American Eagle, Canadian Maple Leaf, Austrian Philharmonic and Platinum Bars.
Canadian Maple Leaf and Palladium Bars.