Buy silver in Mississippi

mississippiMississippi is position in the southern part of United States and is considered to be the most religious state of this country. Its name is derived from the Mississippi River that makes its western boundary along with Arkansas and Louisiana.

Geographically speaking it is bounded by Alabama in the east, Tennessee in the north and in the south by Louisiana and also a part of the Gulf of Mexico. It was inhabited by Native Americans before the European expansions. It copes with humid subtropical climate that means longer summers and milder winters. It has a majority of catfish farms that are supplied to the whole of the country.

Taxes on silver sales

There is a specific transactions sales tax rate in Missippi. This tax is applied for each sale and represents 7% of the price. There are some additional local sales tax required by cities or/and by the county, consequently the total sale tax amount varies between 7% and 8%.

No tax exemption for buying silver coins and bullion in this state.

More information on sales tax : https://www.dor.ms.gov/taxareas/sales/main.html