Local Silver & Gold Dealers in British Colombia, Canada
British Colombia is one of Canada’s 13 provinces and territories. With a population of over four and one half million Canadian citizens, British Colombia is the farthest western Canadian province located between the Rocky Mountains and the Pacific Ocean.
The capital of British Colombia is Victoria with a metropolitan population of over 300,000 residents. The largest metropolitan area in British Colombia is Vancouver with close to two and half million inhabitants. The cities of Kelowna and Abbotsford are the next most populated cities in British Colombia after Vancouver and Victoria.
If you arrived on our website because you are thinking about either buying or selling precious metals within Canada, it is important to understand that some physical precious metals are sales taxed (GST / HST) while some bullion items are fully exempt from sales tax within the nation of Canada.
Canadian Precious Metal Tax Laws
When either buying or selling from a local Canadian or online bullion dealer like Kitco Metals the following laws apply in Canada.
According to the Canada Revenue Agency website:
Gold and platinum bars, coins, ingots, wafers, and rounds with a purity of .995 or more are exempt from taxes (GST & HST). For example items like .9999 fine Canadian Gold Maple leaf coins and Platinum Maple Leaf coins are not taxed when either buying or selling them locally in Canada or online to Kitco Metals.
Silver bars, coins, wafers, and rounds with a purity of .999 or more are also exempt from sales tax (GST & HST). For example items like .9999 fine Canadian Silver Bullion Bars are exempt from GST/HST in Canada.
Other precious metal items of lesser silver, gold, and platinum purities as well as all palladium and rhodium bullion items are not exempt from GST / HST sales taxes. For example either a sterling silver or 14k gold necklace sold for scrap would both constitute taxable transactions (see section #34).
British Colombia Precious Metal Tax Rates
It is important for bullion buyers and sellers to know Canadian tax information regarding the types of products they are thinking of buying or selling. Choosing the wrong products can be tax prohibitive and detrimental to an investment’s overall profitability.
If you want to acquire more troy ounces for your currency, we suggest you buy low premium bullion items (made of fine .995+ gold or platinum and .999+ silver) from trusted local or online dealers like Kitco Metals.
For further local Canadian silver bullion and gold coin dealer information click on your specific region in British Colombia below:
Gold and Silver Dealers in British
Finding a trusted local coin store in British Colombia province with high ratings coupled with large volumes positive online customer testimonials is not very easy. We set up this local Canadian gold dealer directory to help people find local Canadian bullion dealers who offer good prices and fair reputable services.
Whether you want to know where to buy gold in British Colombia, where to buy silver in British Colombia, where to sell gold in British Colombia, or where to sell silver in British Colombia, our local silver and gold Canadian guide is a good place to begin your research.
For an overview with more information on other local Canadian bullion dealers, click here.
Before you leave our local British Colombia and local Canadian gold dealer directory, be sure to also get our 100% free Guide to Buying & Selling Bullion.