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Ipso

Posted by goldielocks @ 4:14 on December 27, 2025  

The tax will be in Washington state..

The state implementing a sales tax on gold (and other precious metals) with combined rates typically ranging from 7.5% to over 10% is Washington State, but this tax will take effect on January 1, 2026, not in 2024. 
The Washington State Legislature passed a bill (ESSB 5794) that repeals the existing sales tax exemption on precious metals and treats them like any other retail product. The specific tax rate a buyer pays will depend on their local jurisdiction within Washington, which determines if the final sales tax is closer to 7.5% or over 10%. 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.