Information Notice 6017, October 2006
About this Notice
This notice provides information on amendments to the Mining Tax Act (MTA) included in the Budget Measures Act, 2006 (No.2) - Bill 151, introduced October 18, 2006. This bill includes proposed amendments to the MTA to implement measures announced in the 2006 Ontario Budget, as well as other technical amendments.
The proposed amendments must be passed by the legislature and receive royal assent to become law.
Deny Deductions for Fines, Penalties and Illegal Payments
It is proposed that the MTA be amended to prohibit operators from deducting fines, penalties and illegal payments in computing the amount of mining tax payable under the MTA and to extend the period for reassessing mining tax to disallow the deduction of illegal payments.
Extension of Time to Commence an Appeal
A proposed amendment which clarifies that the minister may extend the time to commence an appeal if an application for the extension is made before the expiry of the time limit for instituting the appeal (90 days).
For More Information
Please contact the ministry between 8:30 a.m. and 5:00 p.m.
- English: 1 800-263-7965 (Canada & U.S.)
- French: 1 800-668-5821 (Canada & U.S.)
- TTY: (Teletypewriter):1 800-263-7776
Website at ontario.ca/revenue
© Queen's Printer for Ontario, 2006
ISBN 1-4249-2506-1
