Summary:
The refundable tax credit is administered by the Ministère de Revenu Québec via the Taxation Act. The credit corresponds to 20 % for companies that are mining a mineral resource or are associated with companies mining a mineral resource and to 45 % for companies engaged in exploration.
File:
Sector(s):
Mines
Theme(s):
Mining Taxation
Author(s):
MRN, Claude VERREAULT and Luc CHOUINARD
Year of publication:
2001
Format:
Keyword(s):
refundable tax credit, eligible companies, eligible expenses, flow-through shares, Taxation Act, Near North, Far North, fiscal incentive, mineral exploration expenses