### I-0.4 - Mining Tax Act

29.0.2. For the purpose of determining the profit margin of an operator for a fiscal year, the following rules apply:
(1)  where the annual profit of the operator for the fiscal year is greater than the aggregate described in the definition of “profit margin” in section 29.0.1 for the fiscal year, the operator’s profit margin for the fiscal year is deemed to be equal to 100%; and
(2)  where the aggregate described in the definition of profit margin in section 29.0.1 for the fiscal year is equal to zero, the aggregate is deemed to be equal to \$1.
2017, c. 1, s. 56.