Connecticut is located in the northeastern region of the United States and is known as the southernmost state in the New England region. It the 3rd smallest state at 5,543 square miles with the 29th largest population with over 3.5 million residents. It has the highest per-capita income out of all the states in the U.S. Although it is part of New England, it is often considered part of the Tri-state area along with New York and New Jersey.
Bullion Sales Tax in Connecticut
Connecticut has a statewide sales tax rate of 6.25% with no additional local taxes. There is an exemption on bullion, depending on the amount of coins an precious metals being purchased. Gold or silver bullion, legal tender of any nation, and rare/antique coins are exempt. The amount of a sale has to be over $1000 for the exemption to be applied.