57 Québec

 

58 Exploration and Development Expenses

 

59 Depreciation Allowance

 

59 Processing Allowance

 

59 Additional Allowance for a Mine Located in Northern Québec

 

59 Refundable Credit for Losses

 

59 Value of Precious Stones

 

59 Proposed Amendments to the Mining Tax Act

 

61 New Brunswick

 

61 Net Revenue Tax

 

61 Net Profit Tax

 

62 Taxation of Royalty and Rental Payments

 

62 Mining Tax Credits

 

62 Coal Royalty

 

62 Nova Scotia

 

63 Depreciation Allowance

 

63 Processing Allowance

 

63 Reclamation

 

63 Gypsum Mining Income Tax

 

63 Prince Edward Island

 

63 Newfoundland and Labrador

 

63 Tax on Taxable Income

 

64 Depreciation Allowance

 

64 Processing Allowance

 

64 Credit Against Tax on Taxable Income

 

64 Tax on Amounts Taxable

 

64 Mineral Rights Tax

 

64 Yukon

 

66 Mining Royalty

 

67 Gold Royalty

 

67 Coal Royalty

 

67 Northwest Territories and Nunavut

© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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 A Guide to Canadian Mining Taxation