New Tax Considerations For Your Mining Business
March 2008 by Mark E. BattersbyThe recently passed Economic Stimulus Package of 2008 is a $168-billion economic “rescue” package that includes rebates for taxpayers and tax breaks for businesses. At the heart of the package are tax rebates, scheduled to be distributed beginning in early May. The tax breaks for small-scale mining operations and businesses are retroactive to the beginning of 2008.
It was the first month of a new year, 1861. Three men, by the name of Young, Blake and La Rossney, who had been somewhat unsuccessful in river mining, went looking for gold elsewhere.
Q: If a high banker is outfitted with a suction hose, is it considered a dredge in CA even if it is sitting on the ground? Also, how do I find the best places to sell raw gold (flour, pickers, nuggets, gold in quartz, etc.)?
With property values trending upward over the past several years, many owners who purchased their businesses years ago are now discovering that the building housing the mining operation or supply business is the most valuable part of their business.
• Clean Water Act rule change proposed
• DOJ files motion against Oregon miners
• Off-road access case to be reviewed by Supreme Court
• Resources Coalition hard at work
• Leavitt takes helm of EPA
The Bawl Mill • Ask The Experts — How have fellow dredgers modified their dredges in order to retain fine gold? • Ask The Experts — Could you please include the stock symbol in "Mining Stock Quotes"? • Gryphon Gold and the Borealis Project • A Modern Day Prospector’s Story • Conducting Research To Find New Gold Deposits • Searching for Gold at Paradise Valley, Alaska • The Carson City Mint • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices