The Application Of Computers In Ontario Mineral Taxation And Incentive Programs

Society for Mining, Metallurgy & Exploration
Kumara S. Rachamalla
Organization:
Society for Mining, Metallurgy & Exploration
Pages:
10
File Size:
375 KB
Publication Date:
Jan 1, 1986

Abstract

Mineral activity in Ontario represents an annual production in excess of $4 billion. The Ontario government encourages the mining industry to undertake mineral development through grant programs and incentives offered by mineral resource taxation. Computers are playing an increasingly important role in improving productivity in the administration of incentive programs and the Mining Tax Act in Ontario. This has meant speedier processing of grant applications and tax returns which is resulting in a streamlined approach to incentives and taxation in Ontario. The use of computers has resulted in significant contributions to key areas of concern such as assessment of mining tax returns, analysis of the changes, if any, to the Mining Tax Act and modeling of the Ontario Mineral Exploration Program (OMEP). Implementation of state-of-the-art technology such as Local Area Networks (LAN's), fourth generation languages and integrated micro-mainframe information processing has resulted in improved productivity as well as lower costs. As a result, the respective services provided to the mineral industry by these two programs are now delivered in an efficient and cost-effective manner utilizing the latest available computer technology.
Citation

APA: Kumara S. Rachamalla  (1986)  The Application Of Computers In Ontario Mineral Taxation And Incentive Programs

MLA: Kumara S. Rachamalla The Application Of Computers In Ontario Mineral Taxation And Incentive Programs. Society for Mining, Metallurgy & Exploration, 1986.

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