Ressources Eastmain Inc. v. Agence du revenu du Québec, 2021 QCCQ 4379

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Summaries

Summary Under

as a junior exploration company’s CEO devoted "substantially all" (75%) of his time to exploration, his salary was not CEDOE

The taxpayer was a micro-cap junior exploration company devoted to two projects in northern Quebec. For the four taxation years in issue (2007 to...

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Words and Phrases

Summary Under

annual expenditures on core sample boxes and racks were capital expenditures, whereas those on dirt berms were currently deductible

In finding that the recurring costs of racks and boxes incurred by an exploration company in order to store core samples were capital...

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Summary Under

annual expenditures on core sample boxes and racks were excluded under para. (k.1)

In finding that the recurring costs of racks and boxes incurred by an exploration company in order to store core samples were capital...

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Summary Under

geology course for an employee was necessary to exploration and resource identification

In finding that the cost of having a recently-hired employee attend a course on geology at the University of Quebec qualified as Canadian...

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