Gold and platinum with a minimum purity of 99.5% are exempt from sales tax, while silver with a minimum purity of 99.9% is exempt from sales tax when they are sold as investments. Precious metals with lower purity levels must include provincial and federal sales tax. Bullion and coins with a value of $1,000 or more are subject to capital gains tax. This applies to Canadian buyers only. Royal Bull encourages you to speak with your accountant about your tax obligations when investing in precious metals.