Uncertainty surrounds deduction of environmental costs

CIM Bulletin, Vol. 84, No. 952, 1991
Robert B. Parsons, Partner, Price Waterhouse
Abstract Income tax legislation is not keeping pace with federal and provincial environmental legislation. There is a vast array of new environmental regulations at various stages of implementation across the country. Unfortunately, there are serious concerns about the deductibility of significant payments which mining companies will be required to make under these new rules, and the Department of Finance seems to be reluctant to act on these concerns.
Full Access to Technical Paper
PDF version for $20.00
Other papers in CIM Bulletin, Vol. 84, No. 952, 1991