- Wisconsin Governor Tony Evers signed Assembly Bill 29 on March 21, 2024
- The bill creates a sales and use tax exemption for precious metal bullion
- “Precious metal bullion” is defined as coins, bars, rounds, or sheets containing at least 35% gold, silver, copper, platinum, or palladium
- The exemption became effective on March 23, 2024
- Official guidance from the state of Wisconsin is expected in early April 2024
- Refer to Wisconsin Act 149 for more information on this change
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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