1981 federal budget—new rules for mining

CIM Bulletin, Vol. 75, No. 838, 1982
ROBERT B. PARSONS, Partner Price Waterhouse, Toronto
Abstract The budget that was tabled by Finance Minister MacEachen on November 12, 1981 will result in a major tax reform of Canada's income and sales tax systems, the likes of which have not been witnessed by taxpayers since 1971, All segments of the economy will be affected one way or another by the far-reaching budget proposals; the mining industry did not escape untouched.Important changes will be introduced which will alter some of the fundamentals of structuring mineral resource ventures in Canada. This month, Tax Notes examines these changes, and also summarizes the other highlights of this key federal budget.
Full Access to Technical Paper
PDF version for $20.00
Other papers in CIM Bulletin, Vol. 75, No. 838, 1982