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Business Taxes Law Guide—Revision 2024

BTLG Table of Contents > Sales and Use Tax Annotations > C > 168.0000 Coins And Bullion > Annotation 168.0290

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C

168.0000 Coins and Bullion—Regulation 1599

Annotation 168.0290

(b) Bullion

168.0290 Silver Bars. Silver bars being traded in the commodities market are not monetized bullion because they are not forms of money used as a medium of exchange under the laws of any nation. 1/10/74; 7/25/83.