Mining Exploration Tax Credit for Corporate Income Tax
“British Columbia. Finance”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
The mining exploration tax credit (METC) is for eligible corporations, and corporations that are active members of partnerships conducting grassroots mineral exploration in B.C.
- The credit applies to exploration for all base and precious metals, coal and some industrial minerals. Drilling expenses for oil and gas do not qualify.