- Florida Department of Revenue issued an advisement on palladium sales tax
- Palladium sales or purchases are not exempt from Florida sales and use tax
- Exemption applies to gold, silver, or platinum bullion sales over $500
- Palladium does not receive the same tax exemption as other precious metals
- Advisement provided under specific Florida statutes and rules
Source: news.bloombergtax.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.
Latest Posts in "United States"
- Which Grocery Items Are Taxed? Understanding U.S. Food Sales Tax by State (2025 Update)
- U.S. Government Reaches Agreement in Principle with the U.K. on Pharmaceutical Pricing
- Understanding Sales Tax Rules for Cyber Monday Discounts: Guidance from California Tax Department
- 2026 Local Sales Tax Rate Changes: What U.S. Businesses Need to Know and How to Prepare
- How to Register for a Puerto Rico Sales Tax Permit: Step-by-Step Guide
