Web19.2.1 Flow-through. Flow-through occurs when the regulator excludes deferred income tax expense or benefit from recoverable costs when determining income tax expense for ratemaking. In other words, customer rates are based on current tax expense with future income tax benefits and charges “flowed through” to customers. WebThe following provinces offer provincial tax credits that are similar to the federal FTS credit: BC Mining Flow-Through Share Tax Credit; Manitoba Mineral Exploration Tax Credit …

Ontario research and development tax credit

WebFlow-through shares are a financing tool available to a Canadian resource company that allows it to issue new equity (shares) to investors at a higher price than it would receive for “normal” shares, thereby assisting it in raising money for exploration and development. Web21 de fev. de 2024 · Let us help you get started. Mark your calendar – The deadline for most Canadians to file their income tax and benefit return for their 2024 taxes is April 30, … open isolator closed isolator

Ontario Credits, Benefits and Incentives - AllOntario

WebFiscal Incentives - Prospectors & Developers Association of Canada The credit is used to reduce the Ontario tax you pay. If your tax credit is more than the amount of tax you owe, the remainder will be paid to you as a tax refund after your return is assessed. If you qualify for a refund, you'll receive your money within six to eight weeks after you file your tax return. Ver mais A flow-through share is a type of investment. It takes place when you invest money in a corporation that agrees to spend your money on mining exploration in Ontario. In … Ver mais To get this credit, file your personal income tax and benefit return, even if you don't have any income to report, along with: 1. the Ontario Credits form (ON479) 2. the Ontario Focused Flow-Through Share Resource … Ver mais You qualify for the credit if you lived in Ontario on the last day of the tax year you're filing a return for and you purchased eligible flow-through shares: 1. after October 17, 2000 2. from a corporation that is permanently … Ver mais The amount of the credit is 5% of your share of the eligible Ontario exploration expenses incurred during the tax year. The amount you … Ver mais Web18 de jan. de 2024 · Ontario Focused Flow-Through Share Tax Credit is a refundable tax credit available to investors who have invested money in flow-through shares. A flow … open iso file on windows xp