Bullion sales tax · Montana

Montana sales tax on gold and silver

Is gold taxed in Montana?

No.

Montana has no general state sales tax, so bullion, coins and jewelry shipped to Montana carry no sales tax.

Investment gold & silver
No sales tax
Order threshold
None
Metals covered
No sales tax on any
Jewelry
Not taxed

What's taxed in Montana

What you're buyingSales taxWhat it means
Gold and silver bars and rounds No sales tax Montana has no statewide sales tax.
Gold and silver bullion coins (Eagles, Maple Leafs, Krugerrands) No sales tax Montana has no statewide sales tax.
Platinum and palladium bullion (bars, rounds and coins) No sales tax Montana has no statewide sales tax.
Rare and graded (numismatic) coins No sales tax Montana has no statewide sales tax.
Jewelry No sales tax Montana has no statewide sales tax.
Medals, collectibles and accessories No sales tax Montana has no statewide sales tax.

The rule, in plain English

Montana has no general state sales tax, so bullion, coins and jewelry shipped to Montana carry no sales tax.

What counts: Not applicable. There is no general sales tax, so there is no bullion definition.

Still taxed: Nothing under a general sales tax. Separate local resort taxes (max 3%) apply to 'luxuries' sold by businesses inside designated resort communities or areas (MCA 7-6-1501, 7-6-1503).

What you would pay: three Montana examples

Purchase delivered to MontanaSales tax
Silver coins, $500$0 no state sales tax
Gold coins, $5,000$0 no state sales tax
A gold necklace, $1,000$0 no state sales tax

Montana and its neighbors

Different rules next door: Idaho (tax-free), North Dakota (tax-free), South Dakota (tax-free) and Wyoming (tax-free). Tax follows the delivery address, not where you live.

Montana and its neighbors: sales tax on gold and silverDifferent rules next door: Idaho (tax-free), North Dakota (tax-free), South Dakota (tax-free) and Wyoming (tax-free). Tax follows the delivery address, not where you live.AKMEVTNHWAIDMTNDMNILWIMINYRIMAORNVWYSDIAINOHPANJCTCAUTCONEMOKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFL
Montana is outlined; its neighbors are marked. Every square links to that state's page.

Buying from Bullion Trading LLC with delivery to Montana

No sales tax is added at our checkout for bullion delivered to Montana.

Orders ship insured and discreetly packed: USPS under $1,000, FedEx with adult signature from $1,000, usually within 2–3 business days after payment clears. Bank transfer and check are our best price; card and PayPal add 5% (up to $7,500).

Popular bullion delivered to Montana

The large price is the check/wire price; the card/PayPal price is listed under it. Prices follow the live spot price.

Selling gold in Montana

Selling gold to a dealer is not a retail purchase, so no sales tax applies. A profit is a capital gain: the IRS taxes gains on gold and silver bullion as collectibles, at up to 28% when held more than a year. Montana taxes capital gains at its own lower rates, 3% and 4.1%.

Dealers have to report some larger sales to the IRS on Form 1099-B; keep your purchase receipts to show your cost.

We buy bullion at our counter at 20 West 47th Street in New York: walk in with a photo ID and we pay by same-day check. How selling to us works

Local taxes

Resort-tax communities (for example Big Sky, West Yellowstone, Whitefish) may tax luxuries sold by businesses inside the resort area, up to 3%. That tax falls on businesses located in the area. It is generally not relevant to orders shipped from an out-of-state dealer, but this was not confirmed against the MCA text.

Common questions about Montana

Is gold taxed in Montana?

No. Montana has no general state sales tax, so bullion, coins and jewelry shipped to Montana carry no sales tax.

Is silver taxed in Montana?

No. Montana has no statewide sales tax.

Is gold jewelry taxed in Montana?

Montana has no statewide sales tax, so jewelry isn't taxed by the state.

Do I pay tax when I sell gold in Montana?

Selling gold to a dealer is not a retail purchase, so no sales tax applies. A profit is a capital gain: the IRS taxes gains on gold and silver bullion as collectibles, at up to 28% when held more than a year. Montana taxes capital gains at its own lower rates, 3% and 4.1%.

  • Selling to a dealer

    No sales tax

  • A gain on the sale

    Taxed by the IRS as a collectible, up to 28% when held more than a year

Sources

How we research and check this guide: our method.