Sentences with phrase «exploration expenses»

It commits to using that money exclusively for exploration expenses, which gives it the right to deduct that amount from its corporate taxes.

A target of $ 250 million in reduced fossil fuel subsidies is our starting point, and a first step will be to allow for the use of the Canadian Exploration Expenses tax deduction only in cases of unsuccessful exploration.

This is a benefit extended to individuals who invest in mining flow - through shares, equal to 15 % of specified mineral exploration expenses incurred in Canada.

The mineral exploration tax credit is an additional benefit, available to individuals who invest in flow - through shares, equal to 15 % of specified mineral exploration expenses incurred in Canada and renounced to flow - through share investors.

Provision for impairment of properties and equipment (including certain exploration expenses)

These small companies get big tax breaks thanks to the Canadian Exploration Expense program, but they donâ $ ™ t have earnings to pay tax on, so they donâ $ ™ t need the credits.

But at this v early stage, with 2P / 3P reserves still a v distant prospect — and considering the likely exploration expense, farm - outs, cash - raising & dilution to come, I think it's best to treat investment to date as simply a sunk cost.

The organization is also proposing a loosening of restrictions on expenses that can be financed by flow - through so that overhead expenses qualify as Canadian Exploration Expenses (CEE), and that CEE also be expanded to cover exploration on former mine sites.

Internal Reporting Specialist / Planning & Reporting Specialist Successfully oversaw mineral exploration expenses for Europe, Russia, and North America, and provided financial accounting and reporting support to CSGs.

Adjusted earnings before interest, taxes, depreciation, depletion, amortization and exploration expenses (adjusted EBITDAX) was $ 1.1 billion.

The association is also proposing a loosening of restrictions on expenses that can be financed by flow - through so that overhead expenses qualify as Canadian Exploration Expenses (CEE), and that CEE be expanded to cover exploration on former mine sites.

Eligible small oil and gas corporations (expenditures of no more than $ 15 million) will no longer be able to treat the first $ 1 million of Canadian Development Expenses (CDE — deducted at 30 %) as Canadian Exploration Expenses (CEE) after 2018 — deducted at 100 %).

According to the Democratic staff letter, the bill would repeal reduced tax rates for major integrated oil companies, drop foreign income tax deductions for companies that produce oil and natural gas overseas and drop a tax break for companies to write off some exploration expenses.