Tennessee is located in the southeastern region of the United States. It is the 36th largest state at 42,181 square miles and the 16th most populated with over 6.6 million residents. The eastern part of the state is primarily made up of the Appalachian Mountains and back in the day, what is now Tennessee was once part of North Carolina. It’s primary industries include, agriculture (poultry soybeans, and cattle), manufacturing, and tourism.
Bullion Sales Tax in Tennessee
Tennessee has a statewide sales take of 7%, with additional local taxes that can add up to 9.75%. When it comes to precious metals, coins traded for their collectible value or for their intrinsic precious metal value are subject to sales tax.