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Canada to Extend Mineral Exploration Tax Credit for Flow-Through Shares

|Proposed Changes|Canada
Canada

Canadian Finance Minister Joe Oliver and Natural Resources Minister Greg Rickford  have announced that Government proposes to extend the 15% Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until 31 March 2016. The tax credit applies to investors of junior mining companies that raise equity through flow-through shares.

Also proposed is treating the costs of undertaking environmental studies and community consultations required to obtain an…

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