canada windfall tax on minerals

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Editorial: Oz windfall taxes 2.0 The Northern Miner

May 21, 2020 Canada Nickel extends nickel strike and discovers PGM zone at Crawford, Ontario; May 21, 2020 Caldas Gold to acquire Juby project in Ontario; May 21, 2020

Canada: Non-Taxable Windfalls: A Rare Species In

2012-5-20  The only somewhat recent Supreme Court of Canada decision to indirectly examine the question of windfall was Canada v. Fries,[1990] 2 S.C.R. 1322 ( per Sopinka J): We are not satisfied that the payments by way of strike pay in this case come within the definition of "income . . . from a source" within the meaning of s. 3 of the Income Tax Act

Windfalls in Canada A Canadian Tax Lawyers

Tax Tip Consider Carefully Whether or Not a Recent Inflow of Cash is Actually a Windfall The way Canada treats windfalls isn’t universal. For example, with our neighbor to the south, the USA, the IRS is all too happy to tax lottery winnings, treating it as no different from income.

Windfall tax on gold in Mongolia deemed illegal The

2006-12-21  Latest. May 20, 2021 Global Mining Symposium: Manitoba’s vast undexplored mineral wealth has much to offer, panel says; May 20, 2021 Wesdome expands Kiena Footwall zone, possible mining restart by year-end; May 20, 2021 SQM shuns fears of higher taxes in Chile, fast-tracks expansions; May 20, 2021 Glencore leads miners group in cobalt blockchain pilot; May 20, 2021 JV

India Proposes Windfall Tax on Non-Fuel Minerals WSJ

2010-5-17  India's Mines Ministry has proposed a windfall tax on non-fuel minerals such as iron ore to claim part of what the government considers high profits earned by the mining sector.

Zambia budget to discuss copper mine windfall tax

2009-1-7  Zambia's Finance Minister Situmbeko Musokotwane told Reuters on Wednesday he will raise the issue of a 25 percent windfall tax on copper mine operators in the national budget.

Mongolia lawmakers seek metals windfall tax repeal

2009-8-20  The windfall profits law assessed a 68 percent tax on copper above $2,600 a tonne, and gold above $500 an ounce. On Thursday, benchmark copper

The Taxman Cometh: What to Know about Taxes on

Minerals are generally taxed at the county, state and federal levels. Here’s a glance at the taxes you should know about. Ad Valorem Tax: These are taxes collected annually at the county level. In many states, this tax is only paid when there is active mineral production. The amount of taxes paid is based on fair market value, therefore it

Editorial: Oz windfall taxes 2.0 The Northern Miner

May 21, 2020 Canada Nickel extends nickel strike and discovers PGM zone at Crawford, Ontario; May 21, 2020 Caldas Gold to acquire Juby project in Ontario; May 21, 2020

Effect of tax laws on mineral exploration in Canada

1977-6-1  The importance of minerals in the Canadian economy is shown by the fact that the mineral industry (excluding oil and gas) accounted for more than 25% of Canada's merchandise exports and for 8.8% of capital expenditure in Canada in 1973.' Minerals attained this position in Canada's economy as a result not only of the country's resource endowment

Zambia not keen on mine windfall tax Miningmx

2011-11-30  But following protests from mining companies, the government in 2009 abolished the windfall tax. Foreign mining firms in Zambia include Brazil’s Vale, Canada’s First Quantum Minerals, Barrick Gold, London-listed Vedanta Resources and commodity giant Glencore.

PDAC 2018: Ecuador mines minister hopes to

PDAC 2018: Ecuador mines minister hopes to eliminate windfall tax Rebeca Illescas, Ecuador’s Minister of Mines, addresses attendees in early March during Ecuador Day at

Ecuador eases tax burden on miners Mining Journal

2019-2-8  The windfall tariff sought to levy 70% tax on the difference between the sale price and baseline pricing. While this would only ever be imposed in situations of extreme and sudden mineral

Editorial: Aussie windfall taxes 2.0 The Northern Miner

2011-6-22  Yes, they're back. And probably here to stay this time. Rebounding from the June 2010 defeat of its proposed 40% "Resource Super Profits Tax" (RSPT) on miners, Australia's centre-left government has spent the past year developing a more...

Zambia says won't re-introduce mine windfall tax

2011-12-1  Zambia, Africa’s top copper producer, will not re-introduce a mine windfall tax it abolished in 2009 as such a measure could harm mining operations and negatively impact the economy, said finance minister Alexander Chikwanda. “It would be unwise for the government to introduce a windfall tax when metal prices are unstable and are usually trending

O Canada: Minerals Council comes a cropper on

2016-3-30  O Canada: Minerals Council comes a cropper on company tax. Wouldn't it be good if we could compare ourselves with a similar economy that has cut company taxes to see the impact on investment and

Windfall Geotek Delivers AI Targets for Capella

2021-5-5  Windfall is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary Windfall AI analysis and data processing techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals

The Mineral Sector of Namibia: a nuanced overview of

2021-2-9  The mining industry considers the corporate tax levied on their profits too high; 55 percent for diamond mining companies and 37.5 per cent for companies min-ing other minerals, compared to an average of 20.8 per cent in Asia. As a result of the high corporate tax, there is a high risk of transfer pricing manipulation by

Editorial: Oz windfall taxes 2.0 The Northern Miner

May 21, 2020 Canada Nickel extends nickel strike and discovers PGM zone at Crawford, Ontario; May 21, 2020 Caldas Gold to acquire Juby project in Ontario; May 21, 2020

Editorial: Aussie windfall taxes 2.0 The Northern Miner

2011-6-22  Yes, they're back. And probably here to stay this time. Rebounding from the June 2010 defeat of its proposed 40% "Resource Super Profits Tax" (RSPT) on miners, Australia's centre-left government has spent the past year developing a more...

Windfall tax will not be re-introduced in Zambia

2009-8-28  Maxwell Mwale, Zambian Mines Minister Lusaka, Zambia — MININGREVIEW.COM — 28 August 2009 A decision not to re-introduce a windfall tax on foreign operators in the Zambian mining industry is expected to spur fresh investments in Africa’s largest copper producer, as metals prices rally on the global market.. Commenting on the decision, Nathan Chishimba “’ president of the Chamber

Current Developments Mining Tax Canada

Canada Revenue Agency Revises Administrative Policy on Obtaining Taxpayer Information The CRA’s recent revision of its administrative policy on obtaining taxpayer information and the FCA decision in Cameco dealing with the CRA’s ability to require taxpayers to submit to oral interviews are discussed here in this article from Tax Notes International.

Osisko Mining Delivers Positive PEA Update for Windfall

2021-4-7  300,000 oz Au Average in First Seven Years of Full Production 39.3% After-Tax IRR and C$1.5 Billion After-Tax NPV at US$1,500/oz Au with 18 Year LOM C$253 Million Average Annual After-Tax

Windfall Geotek Delivers AI Targets for Capella

2021-5-5  @thenewswire Windfall Geotek Delivers AI Targets for Capella Minerals Copper Zinc The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. Nothing contained on the Website shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any

Zambia : PF did oppose the windfall tax in 2008

2010-5-23  It is with this in mind that any right-thinking Zambian should be calling for a “windfall” tax before our minerals run out. 31 Tracy Phiri May 23, 2010 At 9:33 pm

WINKF Stock Price Windfall Geotek Inc. Stock Quote

2021-5-28  Windfall Geotek Inc. Windfall Geotek, Inc. engages in the exploration, acquisition, and development of mineral properties. It focuses on discovering commercially exploitable deposits of minerals

The Mineral Sector of Namibia: a nuanced overview of

2021-2-9  The mining industry considers the corporate tax levied on their profits too high; 55 percent for diamond mining companies and 37.5 per cent for companies min-ing other minerals, compared to an average of 20.8 per cent in Asia. As a result of the high corporate tax, there is a high risk of transfer pricing manipulation by

Windfall Geotek Signs 2nd Contract in Norway with

2021-1-14  (TheNewswire) Brossard, Quebec TheNewswire January 14, 2021 Windfall Geotek (TSXV:WIN ) ( OTC:WINKF), a mining services company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector, is pleased to announce that the Company has been commissioned by Capella Minerals Limited (“Capella”; TSX.V: