Wisconsin is a state located in the north-central regions of the United States. It is the 23rd largest state at 65,498 square miles and the 20th most populated with over 5.7 million residents. The capital is Madison, while its’ largest city is Milwaukee. It is divided into 72 counties and is known as “America’s Dairyland: because of being one of the nation;s leading dairy producers.
Bullion Sales Tax in Wisconsin
Wisconsin has a statewide sales tax rate of 5% with additional local sales taxes that add up to 5.6%. The majority of bullion purchases are taxable, however there are exceptions, for example, U.S. and foreign coins and paper currency sold at face value are exempt from tax and also sales of bullion to Wisconsin investors if it is stored at a location outside of Wisconsin are also exempt from tax.