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Wolters Kluwer Tax & Accounting: MEDIA ALERT - Wolters Kluwer looks at tax credits implemented to help reduce carbon footprint


Wolters Kluwer Tax & Accounting: MEDIA ALERT - Wolters Kluwer looks at tax credits implemented to help reduce carbon footprint
Wolters Kluwer Tax Accounting:
What: The enactment of a credit for carbon oxide sequestration in 2008 was the first step in the efforts to encourage the recapture of carbon oxide from the atmosphere. Significantly enhanced in 2018, it helped jumpstart the carbon recapture industry, but several areas left it up to the US Treasury to provide the details on how to qualify. Those details finally started to come in 2020 with final regulations not adopted until January 6, 2021. Because the delay caused some projects to bump up against the statutory required beginning date of before January 1, 2024, the Consolidated Appropriations Act, 2021 extended the required beginning date by two years. ....

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Lincoln Gold Mining Inc.: Lincoln in Discussions to Reduce Pine Grove Royalties


Lincoln Gold Mining Inc.: Lincoln in Discussions to Reduce Pine Grove Royalties
VANCOUVER, BC / ACCESSWIRE / January 20, 2021 / Lincoln Gold Mining Inc. ( Lincoln or the Company ) (TSXV:LMG) announces that it has entered into discussions with two of its partners that own patented claims within the Company s Pine Grove Gold Project located in Nevada. The discussions involve a reduction in the net smelter returns royalties (NSRs) that currently exist on production. At present, the NSRs range from 2.5% to 7% on the planned open pit areas. Discussions have involved the buy down of these royalties from 0% to 2% maximum.
As the Company gets closer to production, management felt that it was imperative to reduce or eliminate the NSRs to attract third party start-up financing for the plant and equipment. In this regard, Lincoln has been in discussions with several firms that have indicated their interest in financing the Pine Grove Gold Project if the NSRs could be reduced. The C ....

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