Subsection 3900(1)
Administrative Policy
31 January 1992 Memorandum (Tax Window, No. 15, p. 16, ΒΆ1678)
Penalties and interest on B.C. mining taxes are not deductible under s. 20(1)(v).
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 18 - Subsection 18(1) - Paragraph 18(1)(a) - Income-Producing Purpose | 23 |
Subsection 3900(2)
Administrative Policy
1 December 2014 External T.I. 2014-0559451E5 - Deduction pursuant to paragraph 20(1)(v)
Canco, which mines in Quebec, has a calendar taxation year for purposes of the Act and the Quebec Mining Tax Act ("QMTA"), but has a deemed year...