Saskatchewan Mineral Exploration Tax Credit
Saskatchewan
Government of Saskatchewan, Ministry of Energy and Resources
Program Contact Details
metc@gov.sk.ca
Contact details unavailable
What is this funding for?
Tax credit for investors in Saskatchewan mineral exploration
Program Description
Saskatchewan residents can invest in mineral exploration activities within the province by purchasing eligible flow-through shares issued by approved mineral exploration companies under the Saskatchewan Mineral Exploration Tax Credit (SMETC) program. The tax credit is 45 per cent to 60 per cent (30 per cent provincial and 15 per cent to 30 per cent federal).
Steps to Apply
1. Complete Canada Revenue Agency (CRA) Form T100A Flow-Through Share Information – Application for a Selling Instrument T100 Identification Number (SITIN)
2. Gather all related documents required by CRA
3. Obtain the CRA approval letter containing the Selling Instrument T100 Identification Number (SITIN) or T100 Identification Number (TIN)
4. Prepare a list of the Saskatchewan Disposition Number(s) where the mineral exploration is occurring
5. Submit the completed CRA Form T100A, CRA approval letter, and list of Saskatchewan Disposition Number(s) to the Saskatchewan Ministry of Energy and Resources via email at metc@gov.sk.ca
Need help with business funding?
Our expert consultants have got you covered!
Grant Fund Pro has always been about making funding accessible for businesses, no matter the size. If you're looking to save time in applications or just checking what programs are available for you, our team is here to help.
The information you provide in this form is kept private and is processed only to determine your eligibility for current funding opportunities and to connect you with the most suitable programs for your business.
.svg)
.avif)
