Saskatchewan Mineral Exploration Tax Credit
Tax creditSaskatchewan
A provincial tax credit program that allows Saskatchewan residents to invest in mineral exploration activities by purchasing flow-through shares from approved mineral exploration companies. Investors can claim a tax credit of 45-60% (30% provincial plus 15-30% federal) on exploration expenses renounced by the exploration company.
What you'll need
- CRA Form T100A Flow-Through Share Information
- CRA approval letter with SITIN or TIN
- List of Saskatchewan Disposition Numbers where exploration occurs
- CRA Forms T101A, T101B, T101C, T101D