Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
QUESTION
- 5. A new coal mining operation will commence approximately midway between two other coal mines which are operated by the same taxpayer. The distance from each of the other two mines is approximately 10 km. Will this mine be considered a new mine for purposes of subparagraph 66.1(6)(a)(iii.1) of the Act?
ANSWER
5. Whether a mine is a new mine for purposes of subparagraph 66.1(6)(a)(iii.1) is a question of fact that can only be determined after considering all of the relevant facts of the particular situation. Generally, however, the following factors will collectively be relevant to the above determination:
- • whether the mineral deposit to be exploited is separate from that of any other mine,
- • whether the workings will be independent of an unconnected to any of the other mines in the vicinity,
- • whether the machinery and equipment of the new working will be acquired specifically therefor and will not be shared with any other mine,
- • whether the operating personnel at the new working will be separate from the operating personnel at any other mine, and
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