Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales and Use Tax Annotations


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C

168.0000 COINS AND BULLION—Regulation 1599

Annotation 168.0005

(a) COINS

168.0005 American Eagle Coins. The American Eagle series of legal tender gold coins consists of a one ounce coin with a $50 denomination, a ½ ounce coin with a $25 denomination, a ¼ ounce coin with a $10 denomination, and a 1/10 ounce coin with a $5 denomination. The American Eagle coins are monetized bullion and sales in bulk amount are exempt from sales tax if the conditions set forth under Regulation 1599(a)(3)(A) and (B) are met. 10/20/86.