Canada Revenue Agency Revises Administrative Policy on Obtaining Taxpayer Information
The CRA’s recent revision of its administrative policy on obtaining taxpayer information and the FCA decision in Cameco dealing with the CRA’s ability to require taxpayers to submit to oral interviews are discussed here in this article from Tax Notes International.
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CRA Provides Guidance on CCE Eligibility for expenses on community consultation or environmental studies
In a recent technical interpretation, the Rulings Directorate of the Canada Revenue Agency reviewed the circumstances in which expenses related to community consultations or environmental studies may qualify as Canadian exploration expenses.
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Major Transfer Pricing Victory for Canadian Miner
The Tax Court of Canada has handed Cameco Corporation a major win in its long-running transfer pricing dispute with Canadian tax authorities, in a case with over $2 billion at stake.
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Government’s Fall Economic Statement Positive for Canada’s Mining Sector
In its November 21 2018 Fall Economic Statement, the government of Canada announced a number of important measures that will significantly benefit Canada’s mining sector. Amongst the most important changes for the mining sector are the following:
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OECD and IFG Release Practice Notes on BEPS Risks in Mining
On October 19, 2018, the Organization for Economic Cooperation & Development and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development released a series of three Practice Notes addressing some of the challenges faced by developing countries in taxing the mining sector.
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Important Tax Decision Clarifies Transfer Pricing for Multinational Groups in Canada
Taxpayer Wins Convincing Decision in Landmark Canadian Transfer Pricing Case.
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Insult Added to Injury: Tusk Exploration Ltd. v. Canada
Flow-through shares (FTS) continue to be an important financing mechanism for Canadian mining companies.
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