Vermont Sales Tax on Gold and Silver
CHECKED 2026-10-28. NOT TAX ADVICE.
Vermont charges sales tax on gold and silver bullion coins and bars.
Vermont taxes all tangible personal property unless a law exempts it, and no bullion or coin exemption was found; the Department of Taxes exempt-items page does not list one. A 2026 bill (H.711) would add an investment-bullion exemption but the sources I found show it only introduced. One compiled guide says there is no exemption for investment-grade bullion or coins.
General state sales tax rate: 6%. 32 V.S.A. 9741 (exemptions list); bill H.711 (2026) proposed new 9741(57), status not confirmed as passed. Rate 6% per Dept. of Taxes page tax.vermont.gov/business/sales-and-use-tax.
Where this comes from
GoldBroker, Vermont precious metals tax guide; also Vermont Department of Taxes 'What is Taxable and Exempt' (tax.vermont.gov/exempt-items) read for the general rule (a compiled source, not the state agency itself). 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 Vermont charge sales tax on gold and silver bullion?
Vermont charges sales tax on gold and silver bullion coins and bars. Vermont taxes all tangible personal property unless a law exempts it, and no bullion or coin exemption was found; the Department of Taxes exempt-items page does not list one. A 2026 bill (H.711) would add an investment-bullion exemption but the sources I found show it only introduced. One compiled guide says there is no exemption for investment-grade bullion or coins.
Where does this Vermont rule come from?
GoldBroker, Vermont precious metals tax guide; also Vermont Department of Taxes 'What is Taxable and Exempt' (tax.vermont.gov/exempt-items) read for the general rule (a compiled source, not the state agency itself): https://goldbroker.com/sales-tax/vermont. 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.