Partnering for Tax Savings
May 2015 by Mark E. Battersby
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
Whether to buy or lease is a question facing many small-scale operators and prospectors even as credit becomes more readily available. While there is no one correct answer that fits every mining operation or business, compared to the simplicity of buying, leasing is far more complicated and may be getting more complex.
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
Making it even semi-permanent allows any business that spends heavily on equipment, machinery and other business property to reap large, up-front tax breaks.
The Bawl Mill • Ask The Experts • Ask The Experts • California's Mother Lode Quartz Veins • Key to Successful Prospecting: Confidence • What To Look For—And Look Out For—In A Placer Mineral Report • Additional Note on Bluff's Beach • Surface Indications Of Quartz Adularia Epithermal Deposits • Montana’s Rosetta Stone: Discovering Mines In The Treasure State • Perception of Mining vs. Reality • Over The Divide: Charles Lewis Garrett • Piggin' for Gold • Mining Stock Quotes and Mineral & Metal Prices • Melman on Gold & Silver