Taxation of Mining Operations

Thorough, in-depth treatment, expert analysis of the issues, laws, regulations, cases and rulings that govern federal income taxation of operations involving minerals other than oil and gas. Includes detailed coverage of: • Prerequisites to and computation of the depletion deduction • Mineral properties and aggregations • Exploration and development expenses • Depreciation, investment credit and tax preference items • The alternative minimum tax • Sales, leases and exchanges of mineral property • Lease payments unrelated to production • Production payments • Sharing arrangements • Partnerships and corporations • Operations on American Indian lands • Foreign operations • Canadian income taxation First published in 1981.