Progressive Mining Tax Rate
“Manitoba. Economic Development and Jobs”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
Effective for fiscal years ending after June 30, 2009, the mining tax rate will be reduced from 18% to the following graduated rates: 10% when total operator’s profit is less than $50 million; 15% when total operator’s profit is between $55 and $100 million; and 17% when total operator’s profit is more than $105 million.
- To encourage the search of new mines in Manitoba
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