Arizona Precious Metals Tax Information
The state of Arizona requires the collection of sales taxes on certain products sold by APMEX and delivered to an Arizona address.
Please note: The below is not a comprehensive description of sales tax laws and requirements in the state of Arizona. It is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the state of Arizona that relate to the reader’s transactions with APMEX.
- What Precious Metals Are Taxed?
Taxes must be collected on Numismatic Products, copper products, Accessory Items, and Processed Items. All other products sold by APMEX are exempt from these taxes.
- Taxable Products in Arizona
The following definitions apply to products sold by APMEX in Arizona on which these taxes must be collected:
- Numismatic Products. Collectible Precious Metals including Gold, Silver, Platinum, and Palladium. Price depends more on rarity, condition, dates, mintmarks than on precious metal content, if any.
- Processed Items. Items such as holders, tubes, or coin flips.
- Accessory Items. Items such as holders, tubes or coin flips.
- Processed Items. Precious metals that have been processed by third parties into items valued on more than their precious metal content, such as jewelry, statues or colorized coins.
- How Does Arizona Calculate Precious Metals Taxes?
Sales taxes in Arizona are calculated at checkout on the APMEX website based on (1) the taxability of products sold by APMEX Arizona set forth above and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Arizona.
APMEX began collecting sales taxes in Arizona in October 2019.