- 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.
