Wisconsin Governor Tony Evers signed Assembly Bill 29 into law, creating a sales and use tax exemption for precious metal bullion. The bill defines “precious metal bullion” as coins, bars, rounds, or sheets that contain at least 35 percent gold, silver, copper, platinum, or palladium, and meet certain marking or minting criteria. The law, known as Wisconsin Act 149, took effect on March 23, 2024. Official guidance from the state of Wisconsin regarding this exemption is expected to be released in early April 2024. For more details, refer to Wisconsin Act 149.
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