Difference between revisions of "Mining regulations"
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==Taxation== |
==Taxation== |
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| + | For more details of mining taxation see [[here | Taxation]] |
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* Depreciation claims are made based on CCA Class 10 for most capital costs (mobile equipment, mill, surface facilities). * CCA Class 10 uses a 30% declining balance depreciation schedule with the half-year rule. |
* Depreciation claims are made based on CCA Class 10 for most capital costs (mobile equipment, mill, surface facilities). * CCA Class 10 uses a 30% declining balance depreciation schedule with the half-year rule. |
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Revision as of 11:19, 10 February 2014
Permitting
This page contains links to resources that will be useful for permitting, regulations etc. at the Provincial and Federal level.
Developing a mineral deposit in Ontario is a page with links to various permitting requirement information. The link to The Practitioner's Guide is particularly useful.
Taxation
For more details of mining taxation see Taxation
- Depreciation claims are made based on CCA Class 10 for most capital costs (mobile equipment, mill, surface facilities). * CCA Class 10 uses a 30% declining balance depreciation schedule with the half-year rule.
- Development expenditures (shafts, ramps, drifts, and raises) were claimed as Canadian Development Expenses (CDE).
- CDE’s are accounted for in a cumulative Canadian Development Expense (cumulative CDE) account with 30% of the total account balance deducted each year as an expense.
