shopper approved
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    13.37
    28.43
    0.51
    973.35
    7.54
    2241
    27.25
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    Oklahoma Gold & Silver Bullion / Collectible State Sales Taxes

    Rules and Regulations for the State of Oklahoma

    The State of Oklahoma requires the collection of vendor use taxes on certain products sold by JM Bullion and delivered to an Oklahoma address.  These taxes must be collected on (1) copper products; (2) coins that are not currently, or were not previously, used as legal tender in the United States or any foreign country; (3) accessory items; and (4) processed items.  All other products sold by JM Bullion are exempt from these taxes.

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

    • Coins. A coin made of gold, silver, or other metal which is or has been used as legal tender in the United States or any foreign country.
    • 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.

    Vendor use taxes in Oklahoma are calculated at checkout on the JM Bullion website based on (1) the taxability of products sold by JM Bullion in Oklahoma set forth above, and (2) the specific tax rates established by the taxing jurisdiction of the delivery address in Oklahoma.

    JM Bullion began collecting vendor use taxes in Oklahoma on December 1, 2018.  Our sales tax license number in Oklahoma is SVU-14985525-02.  JM Bullion’s Oklahoma vendor use tax license may be viewed here.

    If you are an Oklahoma-based reseller and wish to file a Reseller Certificate with JM Bullion, please download the Oklahoma Reseller Certificate form here.  Once you have filled out this form, either email it to support@jmbullion.com; or mail it to JM Bullion, Inc., 11700 Preston Road, Suite 660153, Dallas, TX 75230.  Once we receive your completed Reseller Certificate, we will enter it into our system, and you will not be charged vendor use 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 Oklahoma.  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 Oklahoma that relate to the reader’s transactions with JM Bullion.  If you would like to research the sales tax laws and requirements in the State of Oklahoma, we suggest you visit the Oklahoma Tax Commission located at https://www.ok.gov/tax/.