Washington State Taxes Precious Metals: What You Need to Know
Update: 2025-12-24
Description
Starting January 1, 2026, Washington state will impose a tax on sales of precious metals and monetized bullion, affecting gold and silver buyers with potentially higher prices at checkout. The new rule covers bullion used in jewelry or artwork, with sellers owing B and O tax depending on the deal type. Consumers and sellers are preparing for the impact, with experts warning that this could affect holiday shopping and investment plans as prices adjust ahead of the deadline. Checkout Solipillow.com
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