The State of Iowa requires the collection of sales taxes on certain products sold by Provident Metals and delivered to an Iowa address.
These taxes must be collected on (1) any bullion products made of copper; (2) any coins that currently are not, or were not previously, used as legal tender; (3) accessory items; and (4) processed items.
The following definitions apply to products on which taxes must be collected in Iowa:
Sales taxes in Iowa are calculated at checkout on the Provident Metals website based on (1) the taxability of products sold by Provident Metals in Iowa set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Iowa.
If you are an Iowa-based reseller and wish to file a Reseller Certificate with Provident Metals, please download the Iowa Reseller Certificate form here. Once you have filled out this form, either email it to firstname.lastname@example.org; or mail it to Provident Metals Corp, 6125 Luther Lane, #465, Dallas, TX 75225. Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged sales taxes on future orders as long as your Reseller Certificate remains valid and in force. Our sales tax license number in Iowa is 100000434.
Please note: The above is not a comprehensive description of sales tax laws and requirements in the State of Iowa. 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 Iowa that relate to the reader’s transactions with Provident Metals. If you would like to research the sales tax laws and requirements in the State of Iowa, we suggest you visit the Iowa Department of Revenue located at https://tax.iowa.gov/.