Louisiana
The State of Louisiana mandates the imposition of sales taxes on certain items sold by Registry Coins and shipped to a Louisiana address. It is imperative to collect these taxes on (1) bullion products made of palladium or copper; (2) any coins made of copper or palladium, unless such coins are also numismatic coins; (3) any single sales transaction of numismatic coins if the total sale value is greater than $1,000; (4) accessory items; and (5) processed items.
The ensuing definitions pertain to products subject to tax collection in Louisiana:
Bullion. Gold, silver, platinum, palladium, or a blend of these metals in the form of bars, ingots, or commemorative medallions, whose worth is determined by their metal content rather than their physical shape.
Coins. A coin made of gold, silver, or other metal which is or has been used as legal tender.
Numismatic Coins. Coins that possess an added external worth surpassing the intrinsic value of the precious metal they contain, attributed to factors such as rarity, condition, age, or other external influences.
Single Sales Transaction. Determined per invoice, and not on a line-item basis.
Accessory Items. Items such as holders, tubes, coin flips, and apparel.
Processed Items. Refined precious metals transformed by third parties into objects esteemed for qualities beyond their metal value, such as colorized coins or statues.
Sales taxes in Louisiana are calculated at checkout on the Registry Coins website based on (1) the taxation status of items vended by Registry Coins in Louisiana as delineated earlier, and (2) the particular tax rates set by the taxing jurisdiction at the delivery location in Louisiana.
Registry Coins began collecting sales taxes in Louisiana on May 1, 2024. Our state sales tax license number in Louisiana is 2715012.
If you operate as a Louisiana-based reseller and intend to submit a Reseller Certificate to Registry Coins, please get in touch with us at Contact@RegistryCoins.com. After we’ve received your filled-out Reseller Certificate, we’ll input it into our system. As long as your Reseller Certificate remains valid and active, you will not incur any sales taxes on future orders.
Please note: The preceding overview does not cover all aspects of sales tax laws and requirements in the State of Louisiana. Its aim is to offer a concise summary of the relevant laws and requirements pertaining to transactions with Registry Coins that are currently applicable in the state. If you would like to research the sales tax laws and requirements in the State of Louisiana, we suggest you visit the Louisiana Department of Revenue located at https://revenue.louisiana.gov.