Search - ”资源化利用" resources

7 June 1990 Ministerial Correspondence 5900454 F- Diamond Deposits- Mineral Resource Unedited CRA Tags 248(1) mineral resource 24(1) File No. 5-900454   G.R. White   (613) 957-8585 Attention:   19(1) June 7, 1990 Dear Sirs: Re:  Diamond Deposits- Mineral Resource We are writing in reply to your letter dated April 12, 1990 in which you requested certification that a diamond deposit discovered 24(1) would qualify as a mineral resource as that term is defined in subsection 248(1) of the Income Tax Act (the "Act"). ... Yours truly, Section ChiefResource Industries SectionBilingual Services and Resource Industrial DivisionRulings Directorate ...

Position: No, but the deposit should qualify under (d)(iii) of the definition of mineral resource. ... The relevant portions of the definition of “mineral resource” in subsection 248(1) read as follows: “mineral resource” means … (d) a mineral deposit in respect of which (i) the Minister of Natural Resources has certified that the principal mineral extracted is an industrial mineral contained in a non-bedded deposit, … (iii) the principal mineral extracted is silica that is extracted from sandstone or quartzite You requested a certification under subparagraph (d)(i) of the definition because your understanding was that the principal mineral to be extracted from the Deposit was “silica quartz” and you were therefore uncertain as to whether subparagraph (d)(iii) would apply in this circumstance. ... As a result, because the principal mineral is silica that is being extracted from quartzite, the Deposit qualifies as a "mineral resource" under subparagraph (d)(iii) of the definition of "mineral resource” in subsection 248(1). ...

12 June 1992 Roundtable, 9216600 F- Resource Industry Farmout Transactions Unedited CRA Tags 66.1(6)(a), 66.2(5)(b), 66(12.1)   5-921660   John Chan   957-8975 1992 CPTS ROUNDTABLE QUESTION In February, 1991 Revenue Canada announced to the Canadian Petroleum Tax Society that it was reviewing the income tax treatment of farmouts.  ... In summary, the favourable tax treatment would be extended in the following situations: (a)      where the farmee explores and develops an unproven resource property of the farmor and the farmee receives an interest in that unproven resource property; (b)      where the farmee explores and develops an unproven resource property of the farmor and the farmee receives an interest in another unproven resource property of the farmor. ... The question and answer was reviewed by John Kurrant, Oil & Gas Specialist on June 12 and he said that he does not have any concerns. ...

1 November 1991 Income Tax Severed Letter 91M11262 F- Minerals Extracted from a Mineral Resource and Minerals from Producing Industrial Minerals not Finished Goods QUESTION 6.        ... For these purposes, do minerals extracted from a mineral resource and the minerals from producing industrial minerals constitute "finished goods"? ANSWER 6.        It is our view that minerals extracted from a mineral resource and the minerals from producing industrial minerals which have not yet been subsequently manufactured or processed would not constitute finished goods for purposes of subparagraph 127(11)(b)(i) of the Act and paragraph (d) of the definition of "qualified activities" in Regulation 5202.  ...