Hawaii Sales Tax on Gold and Silver
CHECKED 2026-10-28. NOT TAX ADVICE.
Hawaii charges its general excise tax on sales of gold and silver bullion; no bullion exemption was found.
Hawaii has no sales tax. It taxes business activity under the general excise tax, 4% on retail sales, and the tax falls on the seller, who may add it to the price. The state page does not name bullion as exempt, and bills to exempt it (such as HB1724 in 2024) were seen only in search listings and not confirmed as law. A coin dealer page says bullion and coin sales are subject to the tax.
General state sales tax rate: 4%.
Where this comes from
Hawaii Department of Taxation, General Excise Tax (GET) page. Checked 2026-10-28. Local sales taxes and rules for specific items can differ, so read the source before you rely on it.
Under IRS Form 1099-B instructions, a sale of precious metals in a form and quantity that matches a CFTC-approved futures contract (for example, at least 25 gold coins of a covered type) can require the broker or dealer to report it; a single coin sale does not, and sales to the same customer within 24 hours are added together. irs.gov
General information only. This is not tax advice. Rules change and have exceptions.
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Quick answers
Does Hawaii charge sales tax on gold and silver bullion?
Hawaii charges its general excise tax on sales of gold and silver bullion; no bullion exemption was found. Hawaii has no sales tax. It taxes business activity under the general excise tax, 4% on retail sales, and the tax falls on the seller, who may add it to the price. The state page does not name bullion as exempt, and bills to exempt it (such as HB1724 in 2024) were seen only in search listings and not confirmed as law. A coin dealer page says bullion and coin sales are subject to the tax.
Where does this Hawaii rule come from?
Hawaii Department of Taxation, General Excise Tax (GET) page: https://tax.hawaii.gov/geninfo/get/. Lustre checked it on 2026-10-28.
Is this tax advice?
No. It is general information from the source above. Rules change and have exceptions. Check with the state tax agency or a tax professional.