Tax Incentives Applied to Junior Mines Companies

Abstract

The article presents the specificity of junior mines activities, which carry out exploration work in the life cycle of a geological and mining project. Due to the high risk of these works and high capital intensity, some countries interested in exploratory work, create tax incentives for such companies and investors willing to engage capital in exploration activities. The types of these incentives and their character are the main area of interest of the authors in the article.