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Index/Topics/Washington state precious metals tax

Washington state precious metals tax

Washington state will remove the exemption for precious metals and bullion effective January 1, 2026, making sales of gold and similar products subject to retail sales tax and the Business & Occupation (B&O) tax

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3 results
Jan 15, 2026
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What options do Washington residents have for legally holding precious metals without triggering state sales or use tax?

Washington repealed its long-standing sales- and use-tax exemption for precious-metal bullion and monetized bullion effective January 1, 2026, making retail sales of qualifying gold, silver and coins ...

Jan 17, 2026
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Is sales tax or use tax owed on private sales of precious metals in Washington state?

Washington repealed its longstanding sales-tax exemption for precious metal bullion and monetized bullion effective January 1, 2026, meaning retail sales of gold, silver and similar items to end consu...

Jan 21, 2026

What documentation should Washington buyers and sellers keep for private precious-metals sales?

, treats sales of precious metal bullion and monetized bullion as taxable retail sales subject to retail sales tax and the , which changes the core paperwork buyers and sellers must keep to prove tax ...

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