Kansas Exempts Certain Coins and Bullion

[May 22, 2019] Pursuant to recently enacted House Bill 2140, all sales of gold or silver coins as well as bullion of gold, silver, palladium, or platinum are exempt from sales and use tax in Kansas. Bullion is therein defined as “bars, ingots or commemorative medallions of gold, silver, platinum, palladium, or a combination thereof, for which the value of the metal depends on its content and not the form.”

Author

Katherine Mullen

Katherine Mullen is a Tax Law Research Associate in the Regulatory Analysis department at Sovos. Her research focuses on US transaction tax and VAT law in several African, Asian and Middle Eastern countries. Katherine is a lawyer and a member of the Massachusetts Bar. Prior to joining Sovos, she was a paralegal for O’Neill & Neylon, an estate planning law firm. She holds a B.A. in English Literature from McGill University, an M.S. in Library Science from Simmons College and a J.D. from Suffolk University School of Law.
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