The State of Mississippi requires the imposition of sales taxes on specific items sold by ModernCoinMart and delivered to addresses within Mississippi. Mississippi does not require the collection of taxes on legal tender sold based on its intrinsic value as a precious metal or collectible item.
Use taxes in Mississippi are calculated at checkout on the ModernCoinMart website based on (1) the tax implications associated with products sold by ModernCoinMart in Mississippi, as previously outlined, and (2) the specific tax rates determined by the governing tax authority applicable to the designated delivery location within Mississippi.
ModernCoinMart began collecting use taxes in Mississippi on May 1, 2024. Our sales tax license number in Mississippi is 1487-1104.
If you are a Mississippi-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 Mississippi. 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 Mississippi, we suggest you visit the Mississippi Department of Revenue located at http://www.dor.ms.gov/Pages/default.aspx.