Local Silver & Gold Dealers in Manitoba, Canada
Located in central Canada, Manitoba is one of Canada’s 13 provinces and territories. With a population of over one million citizens, Manitoba is one of three Canadian prairie provinces (Alberta & Saskatchewan the others).
The capital of Manitoba is also its most populated city, Winnipeg with a metropolitan population of over 750,000 residents. The next largest Manitoban city is Brandon with some 60,000 inhabitants.
If you arrived on our website because you are thinking about either buying or selling precious metals within Canada, it is important to know that some physical precious metals are taxed while some bullion items are fully exempt. When either buying or selling from a local Canadian or online bullion dealer like Kitco Metals the following laws apply within the nation of Canada.
Canadian Precious Metal Tax Laws
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 sales taxes (GST & HST). For example items like .9999 fine Canadian Platinum Maple Leaf coins and Canadian Gold Maple leaf coins are not sales taxed (GST & HST) 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 costs 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 an 18k gold necklace or a sterling silverware set sold for scrap would both constitute taxable transactions (see section #34).
Manitoba Precious Metal Tax Rates
It is important for bullion buyers and sellers to know Canadian sales tax information regarding the types of products they are thinking of buying or selling. Choosing the wrong products can be sales 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 Manitoba below:
Winnipeg Silver Gold Dealers Manitoba, Canada
Gold and Silver Dealers in Manitoba
Finding trusted local gold dealers or silver coin stores in Manitoba province with high online ratings coupled with large volumes of positive 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 Manitoba, where to buy silver in Manitoba, where to sell gold in Manitoba, or where to sell silver in Manitoba, 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 Manitoba gold dealer directory, be sure to also get our 100% free Guide to Buying & Selling Bullion.
