what is mining tax?

Re: what is mining tax?

Mining tax is imposed on profits from the extraction of mineral substances raised and sold by the operators of Ontario mines. It is levied on profits from the extraction,Opinions, advice and tax planning, including tax advice on Black Economic Empowerment transactions,Tax control framework implementation and assessment.

Re: what is mining tax?

Is a tax on mining profits from the extraction of minerals that have been raised and sold by the operators of mines in Ontario. It is imposed on profits resulting from the extraction and views, advice and tax planning, including tax advice on transactions black economic empowerment and the implementation of the tax control framework and evaluation.

Re: what is mining tax?

The mining tax is better known as the resource super profits tax, or in abbreviated form as RSPT. This implies that any profit made by mining companies that is above 6% of their capital investment would be taxed at 40%, and all royalties that's presently paid to the states would be rebated. Hope that this clears the term.

Re: what is mining tax?

Extraction of minerals on mining profits raised and sold by operators of Ontario mines have been planted. This extraction, views, advice and tax planning advice on black economic empowerment transactions, tax control framework, including implementation and assessment levied on the profits.

Re: what is mining tax?

The mining super tax is a good option for redistributing some of the obscene profits mining companies are making in a boom economy.The mining tax is best known as the resource super profits tax,or RSPT. It is designed to replace the confusing array of royalties that mining companies presently pay to the states.

Re: what is mining tax?

Super mining mining companies mining boom economy.The obscene profits tax was a good choice for some of the redistribution is the best resource a super benefit, The royalties paid by mining companies to the U.S. now a confusing array is designed to replace.

Re: what is mining tax?

Taken out of minerals and mining profit Ontario mines sold by the operators has been installed. This open, views black economic empowerment transactions, including implementation and evaluation, tax control structure.

Re: what is mining tax?

The mining tax is best known as the resource super profits tax, or RSPT. It is designed to replace the confusing array of royalties that mining companies presently pay to the states. Any profit made by mining companies that is above 6% of their capital investment would be taxed at 40%, and all royalties presently paid to the states would be rebated.

Re: what is mining tax?

Hello friends,

I am very happy to be here with you all. I have little idea about mining tax . I learned a lot and came to know that any profit made by mining companies.

Re: what is mining tax?

Mining tax is imposed on profits from the extraction of mineral substances raised and sold by the operators of Ontario mines. It is levied on profits from the extraction of ore, e.g., "pit's mouth" profit, determined under the provisions of the Mining Tax Act and regulations.

Re: what is mining tax?

And the fact remains that if labor is re-elected and it is desperately short of money it will alter the tax to get more money. We will get the usual poly waffle of spin. How much longer do we have too listen to this trash.

Re: what is mining tax?

There is considerable interest today regarding income tax rates, mining tax rates and mining royalty rates levied on mining companies in a number of countries where significant mining takes place.
________

Search Engine Optimization
Search Engine Optimisation

Re: what is mining tax?

I understand that the little people involved with mining feel threatened, because they are being threatened. But that threat is not coming from the government. It is coming from the mining corporations who are making billions of dollars. Their opposition to the tax is an opposition to not making as many billions of dollars. Holding employees over a barrel with threats of job losses and pay cuts is despicable.