GST/HST ON GOLD BULLION IN CANADA — COMPLETE TAX GUIDE

One of the key advantages of buying investment-grade gold in Canada is the GST/HST exemption. However, not all gold products qualify. Here's what Canadian buyers need to know.

GST/HST Exempt (99.5%+ purity):

• Gold Maple Leaf coins (99.99% purity) ✅

• Gold bars from approved refiners (99.5%+ purity) ✅

• Gold wafers from the Royal Canadian Mint ✅

• American Gold Buffalo (99.99% purity) ✅

• Gold rounds from LBMA refiners (99.9%+) ✅

NOT GST/HST Exempt:

• American Gold Eagle (91.67% purity) ❌

• South African Krugerrand (91.67% purity) ❌

• Gold jewelry (any purity) ❌

• Numismatic/collectible coins with high premiums ❌

Provincial Tax Rates:

While investment gold is exempt from all sales tax, other goods vary by province: Ontario 13% HST, Quebec 14.975% (GST+QST), BC 12% (GST+PST), Alberta 5% (GST only). See our province-by-province guide for details.

Important: The exemption applies only to bars, ingots, coins, and wafers that are refined to a purity of 99.5% or greater. Dealers should clearly mark which products qualify.