Thorough, in-depth treatment, expert analysis of the issues, laws, regulations, cases and rulings that govern federal income taxation of operations involving minerals other than oil and gas. Includes detailed coverage of: ac Prerequisites to and computation of the depletion deduction ac Mineral properties and aggregations ac Exploration and development expenses ac Depreciation, investment credit and tax preference items ac The alternative minimum tax ac Sales, leases and exchanges of mineral property ac Lease payments unrelated to production ac Production payments ac Sharing arrangements ac Partnerships and corporations ac Operations on American Indian lands ac Foreign operations ac Canadian income taxation First published in 1981. Treatment of Groups of Companies Canada does not allow related companies to file consolidated income tax returns and does not provide relief for group losses. ... [b] Provincial Capital Taxes Ontario, Quebec, Saskatchewan, Manitoba and Nova Scotia levy a tax, generally not in excess of 0.50 ... 13.02 Mining Taxation The Canadian federal tax rules for the taxation of the mining industry are unique.
|Title||:||Taxation of Mining Operations|
|Author||:||Peter C. Maxfield, J. Andrew Miller, Robert M. Allen|
|Publisher||:||LexisNexis - 2015-05-27|