Exemption for sale of coins, currency, or bullion

There are hereby specifically exempted from the provisions of this chapter and from the computation of the amount of tax imposed by it, gross receipts from the sale of coins, currency, or bullion. For the purposes of this section, the term, bullion, means any bar, ingot, or commemorative medallion of gold, silver, platinum, palladium, or a combination of these metals where the value of the metal depends on its content and not the form. For the purposes of this section, the terms, coins and currency, mean any coins or currency made of gold, silver, or other metal or paper which is or has been used as legal tender.

Last amended: Source: SL 2007, ch 60 , § 1.

Source: view the official text

In this chapter (40 sections)

10-45-90 · Exemption for gross receipts from certain rodeo services
10-45-91 · Admissions to rodeos and related activities taxable
10-45-92 · Allowable deductions for auctioneers
10-45-93 · Exemption for gross receipts from international sale of…
10-45-94 · Exemption for gross receipts from direct mail service
10-45-95 · Materials purchased by locksmiths are purchases for resale
10-45-96 · Tax on gross receipts of professional employer…
10-45-97 · Professional employer organization defined
10-45-98 · Temporary help services not subject to § 10-45-96
10-45-99 · Definitions
10-45-100 · Extension for remitting sales and use tax on manufacturing…
10-45-101 · Requirements for extension
10-45-102 · Extension applies to full costs and installation fees
10-45-103 · Application for extension permit--Permit nontransferable
10-45-104 · Secretary to prescribe form and documentation requirements
10-45-105 · Fraudulent claim--Tax due constitutes lien in favor of state
10-45-106 · Right to hearing on denial of extension request
10-45-107 · Promulgation of rules regarding filing extensions
10-45-108 · Sourcing of sales and services
10-45-109 · Registration and tax collection does not create nexus for…
10-45-110 · Exemption for sale of coins, currency, or bullion
10-45-111 · Relief from liability for failing to collect tax at new…
10-45-112 · Exemption for nonprofit corporations created for fire…
10-45-113 · Exemption for small sales by minors
10-45-114 · Exemption--Coaches
10-45A-1 · Definition of terms
10-45A-2 · Refund of sales and service tax to elderly and disabled…
10-45A-3 · Right to file lost on death--Filing by guardian or attorney
10-45A-4 · Relief limited to one claimant per household--Secretary to…
10-45A-5 · Refund amounts for single-member households
10-45A-6 · Refund amounts for multiple-member households
10-45A-7 · Secretary to prepare table
10-45A-8 · Deadline for claims--Forms and assistance from county…
10-45A-9 · Claim computed by department at election of claimant
10-45A-10 · Documentary evidence with claim
10-45A-11 · Secretary to determine disability claims
10-45A-12 · Death of claimant--Disposition of claim
10-45A-13 · Proration of funds insufficient to pay all claims
10-45A-14 · Denial of claim--Hearing before secretary of…
10-45A-15 · Fraudulent claims--Recovery of excess payment--Filing as…

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