Taxation in Mining Review Questions

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4 Types of Taxes in the mining industry
 
 
 
 
Types of tax systems in mining
 
 
 
In the Revenue/Royalty tax system, the rate is applied to renvenue at the minesite and the tax is _______ of capital and operating expenses
 
In the profit tax system, the rate is applied to _______
 
The profitability tax system is similar to the profit system, but _______ is an allowable deduction as well
 

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