Canadian Exploration Expense definition

Canadian Exploration Expense or “CEE” means Canadian exploration expense (including CRCE) as defined in subsection 66.1(6) of the Tax Act.
Canadian Exploration Expense or “CEE” means Canadian exploration expense (including CRCE that is deemed by the Tax Act to be CEE) as defined in subsection 66.1(6) of the Tax Act.
Canadian Exploration Expense or “CEE” means an expense described in the definition of "Canadian exploration expense" in subsection 66.1(6) of the Tax Act, other than amounts which are (i) prescribed to be "Canadian exploration and development overhead expense" for the purposes of paragraph 66(12.6)(b) of the Tax Act, (ii) Canadian exploration expenses to the extent of the amount of any assistance described in paragraph 66(12.6)(a) of the Tax Act, (iii) the cost of acquiring or obtaining the use of seismic data described in paragraph 66(12.6)(b.1) of the Tax Act, or (iv) any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition of the term "expense" in paragraph 66(15) of the Tax Act;

Examples of Canadian Exploration Expense in a sentence

  • The amounts calculated in Area I above form part of your CCEE (Cumulative Canadian Exploration Expense) and CCDE (Cumulative Canadian Development Expense) pools, as the case may be.

  • You must be a resident of Ontario on December 31 of the year to claim this credit.Any credit claimed in a tax year will reduce the balance of your Cumulative Canadian Exploration Expense (CCEE) pool in the year following the credit claim.

  • The Partnership will enter into Share Purchase Agreements with Resource Issuers under which such issuers will agree to issue Flow-Through Shares and other securities, if any, to the Partnership and, in carrying out activities in Canada, incur and renounce Canadian Exploration Expense (“CEE”) to the Partnership.

  • The proceeds of flow-through common shares will be used for mineral exploration on the Company’s Canadian mineral properties qualifying as Canadian Exploration Expense (CEE) under the Income Tax Act (Canada) enabling the subscriber to obtain applicable tax credits and deductions.Summary of Quarterly Results The following table sets out financial performance highlights for the last eight fiscal quarters, prepared in accordance with IFRS or Canadian GAAP as indicated.

  • Please fill out and accompany a ZIMO repair form with your shipment.


More Definitions of Canadian Exploration Expense

Canadian Exploration Expense or “CEE” means an expense of the nature referred to in paragraphs (f) or (g) of the definition of Canadian exploration expense in subsection 66.1(6) of the Tax Act other than the cost of acquiring or obtaining the use of seismic data described in paragraph 66(12.6)(b.1) of the Tax Act or any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition "expense" in subsection 66(15) of the Tax Act.
Canadian Exploration Expense or “CEE” means an expense described in paragraph (f) of the definition of “Canadian exploration expense” in subsection 66.1(6) of the Tax Act, or that would be described in paragraph (h) of that definition if the references therein to “paragraph (a) to (d) and (f) to (g.4)” were a reference to “paragraph (f)”, other than amounts which are (i) prescribed to be “Canadian exploration and development overhead expensefor the purposes of paragraph 66(12.6)(b) of the Tax Act, (ii) Canadian exploration expenses to the extent of the amount of any assistance described in paragraph 66(12.6)(a) of the Tax Act, (iii) any expense described in paragraph 66(12.6)(b.1) of the Tax Act, or (iv) any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition of the term “expense” in paragraph 66(15) of the Tax Act;
Canadian Exploration Expense means Canadian exploration expense as defined in section 66.1(6) of the INCOME TAX ACT other than expenses that are prescribed Canadian exploration and development overhead expense for the purpose of subsection 66(12.6) of the INCOME TAX ACT;
Canadian Exploration Expense or “CEE” means an expense of the nature described in paragraph (f) of the definition of “Canadian exploration expense” in subsection 66.1(6) of the Tax Act or which would be included in paragraph (h) of such definition if the reference therein to “paragraphs (a) to (d) and (f) to (g.4)” were read as “paragraph (f)”, other than amounts which are (i) prescribed to be “Canadian exploration and development overhead expensefor the purposes of paragraph 66(12.6)(b) of the Tax Act, (ii) Canadian exploration expenses to the extent of the amount of any assistance described in paragraph 66(12.6)(a) of the Tax Act, (iii) the cost of acquiring or obtaining the use of seismic data described in paragraph 66(12.6)(b.1) of the Tax Act, or (iv) any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition of the term “expense” in paragraph 66(15) of the Tax Act;
Canadian Exploration Expense means Canadian exploration expense as defined in section 66.1(6) of the Income Tax Act other than expenses that are prescribed Canadian exploration and development overhead expense for the purpose of subsection 66(12.6) of the Income Tax Act;
Canadian Exploration Expense or “CEE” means one or more expenses referred to in paragraph (f) of the definition of Canadian exploration expense in subsection 66.1(6) of the Tax Act other than amounts which are prescribed to be “Canadian exploration and development overhead expensefor the purposes of paragraph 66(12.6)(b) of the Tax Act or the cost of acquiring or obtaining the use of seismic data described in paragraph 66(12.6)(b.1) of the Tax Act or any expenses for prepaid services or rent that do not qualify as outlays and expenses for the period as described in the definition “expense” in subsection 66(15) of the Tax Act;
Canadian Exploration Expense or “CEE” has the meaning set forth in recital C above;