I-3, r. 1 - Regulation respecting the Taxation Act

Section 143r1 Disposition versions

2012-09-01

143R1. In this chapter,

“income” of a taxpayer for a taxation year from mining operations in a province means the income, for the taxation year, that is derived from mining operations in the province as computed under the laws of the province that impose an eligible tax described in the second paragraph of section 143R2;

“mine” includes any work or undertaking in which a mineral ore is extracted or produced and includes a quarry;

“mineral ore” includes an unprocessed mineral or mineral-bearing substance;

“mining operations” means

(a)  the extraction or production of mineral ore from or in a mine;

(b)  the transportation of mineral ore to the point of egress from the mine; and

(c)  the processing of

i.  mineral ore, other than iron ore, to a stage that is not beyond the prime metal stage or its equivalent, and

ii.  iron ore to a stage that is not beyond the pellet stage or its equivalent;

“non-Crown royalty” means a royalty contingent on production of a mine or computed by reference to the volume or value of production from mining operations in a province but does not include a royalty that is payable to the State or Her Majesty in right of Canada or a province other than Québec;

“processing” includes all forms of beneficiation, smelting and refining.

s. 143R1; O.C. 1981-80, s. 143R1; R.R.Q., 1981, c. I-3, r. 1, s. 143R1; O.C. 1116-2007, s. 16; O.C. 134-2009, s. 1.