Oklahoma is a state locating in the south central region of the United States. It is the 20th largest state at 69,960 square miles and the 28th most populated with over 3.9 million. It is known as the “Sooner State: for the non-native settlers who claimed in back in the day. It was the 46th state to enter the union in 1907 and it is a major producer of natural gas, oil, ad agricultural products.
Bullion Sales Tax in Oklahoma
Oklahoma has a statewide sales tax of 4.5%, with additional local taxes can be as high as 11%. Bullion purchases are no exempted from taxes unless they are stored at a recognized precious metal depository. The bullion also must have a value dependent on its precious metal content, not its form.