Saskatchewan looks to overhaul potash taxation
Published: Monday, 23 November 2015
The province’s potash tax regime is regarded as complicated by fertiliser industry insiders, given its convoluted structure of royalties, taxes and rebates. Reform is on the cards, according to Saskatchewan’s finance minister, though sympathy for potash producers suffering from low prices appears to be in short supply.
Canada’s province of
Saskatchewan is looking at updating the tax regime for its
world-scale potash mining industry, Bill Boyd, the
region’s finance minister, said last week.
The review of the province’s potash taxation
methods would be the first for 10 years according to Canadian
newspaper, The Globe and Mail....