Nebraska

The State of Nebraska requires the imposition of sales taxes on specific items sold by ModernCoinMart and delivered to addresses within Nebraska. It is essential to ensure the collection of these taxes on (1) any bullion products made of copper; (2) any coins that currently are not, or were not previously, used as legal tender; (3) accessory items; and (4) processed items.

The following definitions apply to items that are subject to state tax collection in Nebraska:

Bullion. Gold, silver, platinum, palladium, or a combination thereof, in the form of bars, ingots, or commemorative medallions, valued primarily for their metal content rather than their physical form.
Coins. A coin made of gold, silver, or other metal which is or has been used as legal tender.
Accessory Items. Items such as holders, tubes, coin flips, and apparel.
Processed Items. Processed precious metals altered by third-party entities to create items valued for attributes beyond their intrinsic metal content, such as embellished coins or sculptures.

Sales taxes in Nebraska are calculated at checkout on the ModernCoinMart website based on (1) the tax implications associated with products sold by ModernCoinMart in Nebraska, as previously outlined, and (2) the specific tax rates determined by the governing tax authority applicable to the designated delivery location within Nebraska.

ModernCoinMart began collecting sales taxes in Nebraska on May 1, 2024. Our sales tax license number in Nebraska is 15689093.

If you are a Nebraska-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 Nebraska. 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 Nebraska, we suggest you visit the Nebraska Department of Revenue located at http://www.revenue.nebraska.gov/.

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