Published January 1999 | Version v1
Miscellaneous

Flow-through shares to sustain petroleum and gas exploration in Quebec

Description

On March 25, 1997, the Quebec government announced tax advantages related to petroleum and natural gas exploration expenditures incurred in Quebec. The government introduced flow-through shares which allow a tax deduction of up to 175 per cent. This incentive was created to promote investment in the province. This pamphlet summarizes the treatment of the capital gains and shows the tax deductions applicable for the 1998 taxation year

Availability note (English)

Available from the Quebec Ministere des Ressources Naturelles, Direction du gaz et du petrole, 5700, 4e Avenue Ouest, Charlesbourg, Quebec, G1H 6R1 or through interlibrary loan from the CANMET Information Centre, 555 Booth St., Ottawa, ON, K1A 0G1, tel: (613) 995-4132 or FAX: (613) 995-8730

Additional details

Publishing Information

Publisher
Quebec Ministere des Ressources Naturelles
Imprint Place
Charlesbourg, PQ (Canada)
Imprint Pagination
4 p.

INIS

Country of Publication
Canada
Country of Input or Organization
Canada
INIS RN
30030840
Subject category
S02: PETROLEUM; S03: NATURAL GAS;
Resource subtype / Literary indicator
Non-conventional Literature
Descriptors DEI
EXPLORATION; FINANCIAL INCENTIVES; NATURAL GAS INDUSTRY; PETROLEUM INDUSTRY; QUEBEC; TAXES
Descriptors DEC
CANADA; DEVELOPED COUNTRIES; INDUSTRY; NORTH AMERICA