AUGUST 2023 COURT OF TAX APPEALS DECISIONS
November 10, 2023
TAX ASSESSMENTS FIVE-YEAR RECOVERY PERIOD TO EXEMPT FTAA CONTRACTOR FROM EXCISE TAX RUNS FROM PARTIAL DECLARATION OF MINING FEASIBILITY. Financial or Technical Assistance Agreement (FTAA) contractor is exempt from excise tax if it has not fully recovered its pre-operating expenses, exploration and development expenditures for the recovery period of