# RCW 82.04.062: RCW 82.04.062: "Sale at wholesale," "sale at retail" excludes sale of precious metal bullion and monetized bullion—Computation of tax

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S062

## Section

- **Citation:** RCW 82.04.062
- **Heading:** RCW 82.04.062: "Sale at wholesale," "sale at retail" excludes sale of precious metal bullion and monetized bullion—Computation of tax
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 82 / Chapter 04 / Section 062

## Text

(1) For purposes of this chapter, "wholesale sale," "sale at wholesale," "retail sale," and "sale at retail" do not include the sale of precious metal bullion or monetized bullion. (2) In computing tax under this chapter on the business of making sales of precious metal bullion or monetized bullion, the tax shall be imposed on the amounts received as commissions upon transactions for the accounts of customers over and above the amount paid to other dealers associated in such transactions, but no deduction or offset is allowed on account of salaries or commissions paid to salesmen or other employees. (3) For purposes of this section, "precious metal bullion" means any precious metal which has been put through a process of smelting or refining, including, but not limited to, gold, silver, platinum, rhodium, and palladium, and which is in such state or condition that its value depends upon its contents and not upon its form. For purposes of this section, "monetized bullion" means coins or other forms of money manufactured from gold, silver, or other metals and heretofore, now, or hereafter used as a medium of exchange under the laws of this state, the United States, or any foreign nation, but does not include coins or money sold to be manufactured into jewelry or works of art.

## Nearby sections

- [RCW 82.04.010 RCW 82.04.010: Introductory.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S010.md)
- [RCW 82.04.020 RCW 82.04.020: "Tax year," "taxable year."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S020.md)
- [RCW 82.04.030 RCW 82.04.030: "Person," "company."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S030.md)
- [RCW 82.04.035 RCW 82.04.035: "Plantation Christmas trees."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S035.md)
- [RCW 82.04.040 RCW 82.04.040: "Sale," "casual or isolated sale," "lease or rental," "adoption fee," "animal care and control agency," "animal rescue group," "animal rescue organization," "senior living community."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S040.md)
- [RCW 82.04.050 RCW 82.04.050: "Sale at retail," "retail sale."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S050.md)
- [RCW 82.04.051 RCW 82.04.051: "Services rendered in respect to"—Taxation of hybrid or subsequent agreements.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S051.md)
- [RCW 82.04.060 RCW 82.04.060: "Sale at wholesale," "wholesale sale."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S060.md)
- [RCW 82.04.062 RCW 82.04.062: "Sale at wholesale," "sale at retail" excludes sale of precious metal bullion and monetized bullion—Computation of tax.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S062.md)
- [RCW 82.04.065 RCW 82.04.065: Telephone, telecommunications, and ancillary services—Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S065.md)
- [RCW 82.04.066 RCW 82.04.066: "Engaging within this state," "engaging within the state."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S066.md)
- [RCW 82.04.067 RCW 82.04.067: Substantial nexus—Engaging in business.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S067.md)
- [RCW 82.04.070 RCW 82.04.070: "Gross proceeds of sales."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S070.md)
- [RCW 82.04.080 RCW 82.04.080: "Gross income of the business."](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S080.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C04_S062. Check the current official text before relying on it. Not legal advice.