The State of Kentucky requires ModernCoinMart to levy general excise taxes on certain items made through ModernCoinMart and delivered to an address within Kentucky.
Excise taxes in Kentucky are calculated at checkout on the ModernCoinMart website based on (1) the tax implications associated with products sold by ModernCoinMart in Kentucky and (2) the specific tax rates determined by the governing tax authority applicable to the designated delivery location within Kentucky.
ModernCoinMart began collecting excise taxes in Kentucky on May 1, 2024. Our excise tax license number in Kentucky is 688420.
If you are a Kentucky-based reseller and wish to file a Reseller Certificate with ModernCoinMart, please contact us at [email protected]. Upon receipt of your completed Reseller Certificate, we will promptly enter it into our records. Provided that your Reseller Certificate maintains its validity and remains active, no sales taxes will be applied to subsequent orders.
Please note: The summary above provides a condensed examination of sales tax laws and obligations within the State of Kentucky. While comprehensive, it may only encompass some facets of the regulations. Its purpose is to outline the pertinent laws and requirements applicable to transactions involving ModernCoinMart within the state.. If you would like to research the sales tax laws and requirements in the State of Kentucky, we suggest you visit the Kentucky Department of Revenue located at https://revenue.ky.gov.