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Kentucky Bullion Sales Taxes

Kentucky Precious Metals Tax Information

The state of Kentucky requires APMEX to collect taxes on all products sold by APMEX and delivered to a Kentucky address.

Please note: The below is not a comprehensive description of sales tax laws and requirements in the state of Kentucky. It is only intended to provide the reader with a brief overview of those sales tax laws and requirements currently in effect in the state of Kentucky that relate to the reader’s transactions with APMEX.

How Does Kentucky Calculate Precious Metals Taxes?

Taxes in Kentucky are calculated at checkout on the APMEX website based on (1) the taxability of products sold by APMEX in Kentucky set forth above and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Kentucky.APMEX began collecting taxes in Kentucky in October 2018.

Quick Guides to Investing

Step 1:

Why Buy Physical Gold and Silver?

If you are concerned about the volatility of the stock market, you’re not alone. The extreme highs and lows of the stock market often lead investors towards safe-haven assets, like bullion. Historically, the Precious Metals market has an inverse relationship with the stock market, meaning that when stocks are up, bullion is down and vice versa.

Step 2:

How Much Gold and Silver Should You Have?

This question is one of the most important for investors to answer. After all, experts suggest limits on how much of any types of investments should go into a portfolio. After deciding to purchase and own Precious Metals and considering how much money to allocate, one can then think about how much and what to buy at any point in time.

Step 3:

Which Precious Metals Should I Buy?

With the frequent changes in the market and countless Precious Metal products available, choosing investments can be difficult. Some want Gold or Silver coins, rounds or bars while others want products that are valuable because of their design, mintage or other collectible qualities. Also, collectors may shop for unique sets and individual pieces for their collections.

Step 4:

When to Buy Gold & Silver

After considering why, how much, and what Precious Metals products to buy, an investor’s next step is when to buy them. This decision requires an understanding of market trends and the impact of economic factors on precious metal prices.