Post by
AlphaBetaCap on Jan 09, 2023 2:01pm
Canada Critical Minerals Exploration Tax Credit of 30%
Will Giga Metals offer this 30% tax credit benefit to shareholders?
"To enable the exploration of critical minerals, a new 30 percent Critical Mineral Exploration Tax Credit is being introduced that would be available to investors under certain flow-through shares agreements to support specified exploration expenditures incurred in Canada. This tax credit is applicable to specific critical minerals including nickel, lithium, cobalt, graphite, copper, rare earth elements, vanadium, and uranium, among others."
https://www.canada.ca/en/campaign/critical-minerals-in-canada/canadian-critical-minerals-strategy.html