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The income tax considerations faced by junior explorers presentation

Member Price: Free
Non Member Price: $15.00

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Published on 18 Sep 12 by VICTORIAN DIVISION, THE TAX INSTITUTE

This presentation looks at the tax implications for your clients who are junior explorers. The presentation provides an overview of general considerations together with an in-depth look at the issues facing such companies as they expand overseas.

The presentation covers:

  • Part I: General considerations
    • deductibility of exploration costs
    • impact of capital raisings
    • employment tax issues (shares and options issued to employees and directors)
    • implications of farm-ins and farm-outs
  • Part II: Offshore expansion
    • structuring offshore exploration activity
    • deductibility of head office costs
    • treatment of funding offshore activities
  • Part III: Resource Taxes
    • overview of the MRRT and PRRT regimes
    • implications for junior explorers.

Author profile

Jason Barnes CTA
Angela Bryce, CTA, is a Client Director in the International Tax Group at Pitcher Partners. She has over 15 years’ experience providing International and Employment Tax advice for a range - 15 - VIC Tax Forum Presenters of clients, including high net worth individuals and families, listed entities and large private groups. Angela is a member of Chartered Accountants Australia and New Zealand and is a Chartered Tax Advisor (CTA). - Current at 18 April 2024
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The income tax considerations faced by junior explorers

Author(s):  Jason BARNES

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