Tax Credit
New Mine Allowance
The new mine allowance encourages the development of new mines and expansion projects. It is calculated as 1/3 of capital costs incurred during the development of the new mine or eligible expansion project.
- 4.5/5.0
- British Columbia. Finance
- All levels
- Last updated 3 years ago
- English
Description
The new mine allowance encourages the development of new mines and expansion projects. It is calculated as 1/3 of capital costs incurred during the development of the new mine or eligible expansion project.- To encourage the development of new mines and eligible expansion projects