NCBA has helped achieve states’ exemptions from sales taxes on numismatic and precious-metals items. Over 40 states now exempt these products (five states have no sales tax at all). NCBA continues to work with dealers and collectors for more exemptions.
Individual State Issues
NCBA is frequently able to provide data and support to state organizations. NCBA’s information is often critical at the state and local levels to help prevent excessive-holding laws, reporting regulations, and erroneous enforcement of sales taxes. NCBA continues to assist efforts to achieve additional state sales-tax exemptions.