Royalties
Placer Gold Royalty
Under the Placer Mining Act 386 KB, Yukon levies a royalty on all placer gold shipped from Yukon for export whether in the form of gold particles as mined or bars. The royalty is calculated at the rate of 2.5% of the value of the gold, or at such lesser rate as may be fixed by the Commissioner-in-Council. For this purpose gold is valued at US$15 per ounce.
Hard Rock Royalties
The Quartz Mining Act (QMA) royalty is a share of profits from mining pursuant to the QMA in Yukon paid by a mine owner or operator to the Yukon government, through the Commissioner, for the right to extract mineral resources.
The royalty is payable annually on an escalating rate basis for any profits from mining that exceed $10,000. For the purpose of calculating the royalty the profit is considered the amount by which the value of annual output from mining (revenues) exceeds eligible deductions (costs) for the year.
Visit the QMA Royalty Narrative for more information.
Incentives
Yukon has no government debt, no territorial sales tax and a highly competitive taxation regime. Comprehensive support is available through a wide range of programs. Browse through the list on the left to find details and contact information for our incentive programs.
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