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Sales Tax in Texas

The State of Texas requires the collection of sales taxes on certain products sold by Provident Metals and delivered to a Texas address.

These taxes must be collected on (1) copper and palladium bullion products; (2) copper, palladium, and platinum coin products; (3) accessory items; and (4) processed items. All other products sold by Provident Metals are exempt from these taxes.

The following definitions apply to products on which taxes must be collected in Texas:

  • Bullion. Precious metal that is valued solely upon its precious metal content, whether in coin or bar form.
  • Coin. A small, flat, round piece of metal which is, or has been used as legal tender, with a number showing its value and often a decorative picture.
  • Accessory Items. Items such as holders, tubes, coin flips, and apparel.
  • Processed Items. Precious metals that have been processed by third parties into items that are valued on more than their precious metal content, such as statues or colorized coins.

Sales taxes in Texas are calculated at checkout on the Provident Metals website based on (1) the taxability of products sold by Provident Metals in Texas set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Texas. Our sales tax license number in Texas is 3-20544-5724-0.

If you are a Texas-based reseller and wish to file a Reseller Certificate with Provident Metals, please download the Texas Reseller Certificate form here. Once you have filled out this form, either email it to help@providentmetals.com; 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.

Please note: The above is not a comprehensive description of sales tax laws and requirements in the State of Texas. 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 Texas 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 Texas, we suggest you visit the Texas Comptroller of Public Accounts located at https://comptroller.texas.gov/taxes/.