Michigan
Sales taxes in Michigan are calculated at checkout on the website based on (1) the taxability of products sold by the company in Michigan, and (2) the specific tax rate established by the taxing jurisdiction of the delivery address in Michigan.
Michigan does not require the collection of taxes on the following products sold by the company and delivered to a Michigan address:
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- Legal tender coins of any country where the fair market value is greater than the face value of the coins; or
- Refined bullion products (with a purity of 90% or more) made of gold, silver, or platinum in a bulk state where the value depends on the metal content and not its current form (not numismatic).
All other products sold are subject to sales taxes in Michigan.
The company began collecting sales taxes in Michigan on October 18, 2022. Our tax license number in Michigan is 88-2896282.
If you are a Michigan-based reseller and wish to file a Reseller Certificate with the company, please download the Michigan Reseller Certificate form here. Once you have completed this form, either email it to customerservice@BGASC.com; or mail it to Buy Gold and Silver Corp, 6125 Luther Lane #474, Dallas, TX 75225. Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged taxes on future orders as long as your Reseller Certificate remains valid and in force.
Please note: The above does not constitute tax or legal advice. It is only intended to provide the reader with a brief overview of tax laws and requirements currently in effect in Michigan that relate to the reader’s transactions with the company. If you would like more information, we suggest you visit the Michigan website located at: HTTPS://WWW.MICHIGAN.GOV/TREASURY/.