EY publishes new book to help mining companies navigate tax in Canada

Ernst & Young’s Guide to the Taxation of Mining Operations available now

  • Share

(Toronto, 25 July 25, 2013) Ernst & Young’s Guide to the Taxation of Mining Operations is an easy-to-use reference guide designed to assist Canadian mining businesses in interpreting and applying the rules under the federal Income Tax Act, as well as under provincial mining tax legislation in certain provinces. The book is available now.

“Tax risk management is more important now than ever before, especially in our globalized economy and still challenging economic times,” says Jim MacLean, Tax Services Partner at EY. “Ernst & Young’s Guide to the Taxation of Mining Operations includes our commentary of existing rules and proposed legislation, reviews current administrative practice, and provides references to applicable legislation, case law and administrative materials.”

In addition to an overview of the federal income tax rules applicable to mining operations, the guide includes detailed discussions on topics such as:

  • Resource tax pools
  • Flow-through shares
  • The successor rules
  • Investment by non-residents in mining operations in Canada
  • Foreign branch and subsidiary operations

For more information, or to order a copy of the guide, visit CAstore.

- 30 -

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

For more information, please visit ey.com/ca.

EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.