Calculating the Minimum Mining Tax

An operator's minimum mining tax is calculated on the mine-mouth output value for all of the operator's mines.

The following allowances can be deducted from the mine-mouth output value:

Rate of the minimum mining tax

The rate of the minimum mining tax is:

  • 1% for the portion of the mine-mouth output value that does not exceed the $80 million threshold;
  • 4% for the portion of the mine-mouth output value that exceeds the $80 million threshold.
Note

The threshold may be lower if the operator is a member of a group of associated operators during the fiscal year.

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