New Rules For Taxing Pass-Through Income
March 2018 by Mark E. Battersby
...the tax rate for an incorporated, small-scale mine or mining-related business will be reduced from the former 35 percent rate to 21 percent for the 2018 tax year and thereafter.
...this debacle may easily lead to disenchantment with government programs in general and politicians of all stripes in particular. Historically, that kind of unrest has been positive for precious metals markets.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
…they continue to strut around and make declarations and proclamations as if they were still in positions of power. In other words, in political terms, they haven’t “got the message” that they are now in a minority position…
Once all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.
In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.
The Bawl Mill • The Wild Rush To Find More Cobalt—Part II • Trash! A Hindrance Or Hot Spot For Hidden Gold? • Rare Silver Nuggets And Their Origins • Legislative and Regulatory Update • Re-Opening Nevada’s Relief Canyon Mine • PLP and MMAC Update • Sulfides and Intergrain Gold Wire Nuggets • Man Who Died In Yellowstone In 2017 Was Looking For Hidden Treasure • $50 Million in Gold From 1857 Shipwreck Approved for Sale • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices