Sales taxes in New York are calculated at checkout on the website based on (1) the taxability of products sold by the company in New York, and (2) the specific tax rate established by the taxing jurisdiction of the delivery address in New York.

New York does not require the collection of taxes on the following products sold by the company and delivered to a New York address:

Refined bullion products (including legal tender coins) when the purchase price of each category exceeds $1,000 and the price is based primarily on the metal content.  New York has defined this price requirement as when the ratio of the price to market value of the metal (or face value of the coin, if higher) is less than the percentages for the categories as shown below:

• • Legal tender:
    • silver coins 140%; or
    • gold coins (¼ oz or less) 120%; or
    • gold coins (over ¼ oz) 115%; or
    • other coins 115%; or
  • Refined bullion products made of gold, silver, platinum, or palladium 115%

All other products sold are subject to sales taxes in New York.

The company began collecting sales taxes in New York on October 18, 2022.  Our tax license number in New York is 88-3896282.

If you are a New York-based reseller and wish to file a Reseller Certificate with the company, please download the New York 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 New York that relate to the reader’s transactions with the company.  If you would like more information, we suggest you visit the New York website located at: HTTPS://WWW.TAX.NY.GOV/.