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.
• Our Federal Landlord
• One down, two to go
• Challenging timing windows in Washington State
• More roadblocks to mining
• Expensive bags will be around for a long time
• Year-end spending frenzy begins
• Illinois goes to the Democrats
A large, 8-pennyweight piece popped out of a very small crevice where the water had been extremely swift in the winter, leaving no visible gravel.
A federal judge found mining companies liable for at least some of the costs of cleaning up pollution of Idaho’s Silver Valley from a century of mining.
The Alaska Miners Association announced that it will sue the Department of Interior to set aside Solicitor John Leshy’s “midnight” regulations designed to drive the mining industry out of business in Alaska.
In other words, just like those that move next to an airport and then complain about the noise, Mr. Riskedahl deliberately went out of his way to “witness and document the effects of suction dredge mining,” and when he found some, he was annoyed by it!
In 1967, a local resident showed me a pouch of small gold nuggets and flakes. Several years later I asked the same person where that gold was found. He responded, “From the streambed below the old stamp mill at Apex.”
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