Connecticut Precious Metals Tax Information
As of January 1, 2026, Connecticut does not impose sales tax on qualifying precious metals bullion.
Taxable Products in Connecticut
- All copper products
- Numismatic coins, including collectible coins whose value is based on rarity, condition, or collectibility rather than metal content
- Accessories, such as holders, tubes, capsules, coin flips, and similar items
- Processed or altered items, meaning products modified beyond their original bullion form, including colorized coins, plated coins, and specialty finishes
Exemptions:
- Gold, silver, platinum, and palladium bullion, including qualifying bars, rounds, and bullion coins, regardless of transaction value. Gold and silver bullion must have a fineness of at least 90% to qualify.
Tax Rates:
Connecticut does not impose sales tax on qualifying precious metals bullion. Sales tax may apply to the taxable products listed above.
PLEASE NOTE: THE ABOVE IS NOT A COMPREHENSIVE DESCRIPTION OF SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF CONNECTICUT. 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 CONNECTICUT THAT RELATE TO THE READER'S TRANSACTIONS WITH ITM TRADING. IF YOU WOULD LIKE TO RESEARCH THE SALES TAX LAWS AND REQUIREMENTS IN THE STATE OF CONNECTICUT, WE SUGGEST YOU VISIT THE CONNECTICUT TAX AUTHORITY LOCATED AT https://portal.ct.gov/drs.
