It means that Canadian exploration expenses can be deducted, up to 100%, from revenue when calculating taxes.
On May 13th, 2021. See this statement in context.
On May 13th, 2021. See this statement in context.
May 13th, 2021 / 5:05 p.m.
Director General, Business Income Tax Division, Tax Policy Branch, Department of Finance
It means that Canadian exploration expenses can be deducted, up to 100%, from revenue when calculating taxes.
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