Nevada is in the western part of the USA. It's the 7th largest state at 110,567 square miles and the 34th most populous with 2.89 million (2016) occupants. Although Nevada has several nicknames, it is most well known as the "Silver State" because of the importance of silver to its history and economy. If it were its own country, it would be the fourth-largest gold producer in the world because of its large gold deposits.
Bullion Sales Tax in Nevada
Sales tax varies depending on the county in Nevada. It can be anywhere from 6.85% to 8.1%. When it comes to purchasing gold, you are obligated to pay taxes on bullion coins whose value exceed 50% of the their face value. Bullion bars and rounds on the other hand are exempted from this rule due to the fact that they do not have a face value.