This guide summarizes the main features of Canada’s income and mining tax systems currently in effect throughout the country. Quantitative examples give further insight into the application of the systems.
A variety of distinct business structures have evolved to facilitate mine development, including partnerships, joint ventures, flow-through share financing, farm-ins and royalty arrangements. Normally, a tax regime will accord different treatment to each of these structures, affecting the tax effectiveness of that structure in a given situation. This guide describes the basics of the more common business structures, along with their treatment for tax purposes.
In addition, get a broad overview of Canada’s system for taxing foreign mining projects, whether held through branches or foreign subsidiaries, and lists some special considerations for non-resident investors in Canada.
|Canadian Mining Taxation — 2009 (1.18 MB)
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