IFRS
International financial reporting standards
IRC
Internal Revenue Code (US)
IRS
Internal Revenue Service (US)
ITA
Income Tax Act, RSC 1985, c. 1 (5th Supp.), as amended
ITC
Investment tax credit
LCT
Large corporations tax
METC
Mining exploration tax credit (British Columbia)
MFN
Most favoured nation
NPI
Net profits interest
NSR
Net smelter return
OVMSH
Output value at the mine shaft head
PFIC
Passive foreign investment company (US)
PLOI
Pertinent loan or indebtedness
PST
Provincial sales tax
QEF
Qualifying electing fund (US PFIC regime)
QET
Qualifying environmental trust
QRE
Qualified resource expense
QST
Québec sales tax
R&D
Research and development
SC
Successor corporation
SIFT
Specified investment flow-through
SR&ED
Scientific research and experimental development
SRC
Saskatchewan resource credit
TIEA
Tax information exchange agreement
UCC
Undepreciated capital cost
USRPI
US real property interest (US tax rules)
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Glossary
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