MS HB1597

Amends Mississippi Code Section 27-65-111 to create a sales tax exemption for sales of gold, silver, or numismatic coins and currency at coin shows when the transaction total is $1,000 or more.

Exemption also applies to sales of platinum, gold, or silver bullion at coin shows when the total sales price per transaction reaches $1,000 or more.

Exemption applies only to transactions at coin shows; does not affect other sales of these items or other sales tax exemptions.

Takes effect July 1, 2015.

Does not affect any tax claims, assessments, or actions related to taxes accrued before the effective date.