Prior year updates to natural resource taxes

Stumpage and export fees

No updates in 2025.

Mining taxes

June 3, 2025

The new mine allowance has been extended for five years until December 31, 2030. See Reduce your taxes for coal and other mines for more information about the new mine allowance.

May 21, 2025

Interest rates have been updated for mineral tax, mineral land tax, and the mine inspection fee.

March 4, 2025

The provincial government announced its 2025 Budget on March 4, 2025. As a result, amendments to the mineral tax were made. Learn more at B.C. Provincial budget tax changes.

January 27, 2025

Interest rates have been updated for mineral tax, mineral land tax, and the mine inspection fee.

Oil and natural gas royalties and taxes

No updates in 2025.

Royalty transition 2022 to 2026

No updates in 2025.

Stumpage and export fees

No updates in 2024.

Mining taxes

January 27, 2025

Interest rates have been updated for mineral tax, mineral land tax, and the mine inspection fee.

November 21, 2024

Interest rates have been updated for mineral tax, mineral land tax, and mine inspection fee.

Mineral tax historical revenue summary has been updated. 

April 16, 2024

Interest rates have been updated for mineral tax, mineral land tax, and mine inspection fee.

Oil and natural gas royalties and taxes

June 26, 2024

The Oil and gas royalties and freehold production tax web pages have been updated to include the latest information on oil and gas regulations and have been reorganized for clarity and easier navigation.

This update includes the following new web pages:

• Understanding oil royalty calculations
• Understanding natural gas royalty calculations
• Contact information

As part of this update, the Oil and Gas Royalty Handbook has been incorporated into the Oil and gas royalties and freehold production tax web pages.

Check out the new layout and update any bookmarks you may have.

Royalty transition 2022–2024

August 30, 2024

The B.C. oil and natural gas royalty transition web pages have been updated to reflect that the royalty framework transition period has been extended until December 31, 2026 and the new royalty framework will take effect January 1, 2027. The transition period has new provisions for new and existing wells, including for oil wells and dry gas wells with a spud date on or after September 1, 2024.

April 5, 2024

The B.C. oil and natural gas royalty transition pages have been updated to clarify that oil wells are not impacted during the transition and remain under the existing royalty system. This includes updates to the following pages:

• Royalty transition impact on existing wells and new oil wells
• Royalty transition impact on new gas wells

Stumpage and export fees

No updates in 2023.

Mining taxes

November 6, 2023

Interest rates have been updated for mineral tax, mineral land tax, and mine and inspection fee.

January 11, 2023

FIN 734, Joint Election of Disposition Proceeds (PDF, 600KB), has been revised to include updated language that aligns with the regulation.

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Oil and natural gas royalties and taxes

No updates in 2023. 

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Royalty transition 2022–2024

No updates in 2023.

Stumpage and export fees

No updates in 2022.

Mining taxes

July 15, 2022

The Mining taxes and fees website has been reorganized and condensed for clarity and easier navigation. This includes content related to
mineral tax, mineral land tax, and the mine inspection fee. Check out the new layout and be sure to update any bookmarks you may have.

Oil and natural gas royalties and taxes

December 2, 2022

Starting in December 2022, if you spudded a new gas well since September 1, 2022 that has begun producing, the OGR Gas Invoice Details CSV file that you normally get through Petrinex will reflect the flat 5% royalty rate introduced during the royalty transition period. Look for a new “NG05” code for crown land or a new “NGF5” code for freehold land in the Base Rates section of the invoice.

October 6, 2022

The Can you appeal? and Appeal further pages have been revised to:

• Add information about appealing net profit royalty decisions
• Correct the deadline for filing an appeal under the Petroleum and Natural Gas Royalty and Freehold Production Tax Regulation or the Net Profit Royalty Regulation to 90 days  

September 1, 2022

The following webpages are updated to reflect changes now in effect as part of B.C.’s oil and natural gas royalty transition.

• Natural gas royalties
• Lower your oil and natural gas royalty rate
• Credits and deductions
• Producer cost of service (PCOS) natural gas allowance

July 15, 2022

The Mining taxes and fees website has been reorganized and condensed for clarity and easier navigation. This includes content related to mineral tax, mineral land tax, and the mine inspection fee. Check out the new layout and be sure to update any bookmarks you may have.

June 14, 2022

Changes to the Petroleum and Natural Gas Royalty and Freehold Production Tax Regulation to support the royalty transition are now available, including the definition of productions hours for new wells spudded on or after September 1, 2022.

May 20, 2022

B.C.’s oil and natural gas royalty system is changing. If you pay B.C. oil and natural gas royalties, you are impacted.

Go to gov.bc.ca/royaltytransition to learn more. While there, subscribe to be notified as details about the transition become available.

Mining taxes

No updates in 2021.

Oil and natural gas royalties and taxes

August 19, 2021

Effective September 2021 (August production), the royalty-taxpayer reporting deadline is changing to align with the allocation deadline posted in the Petrinex calendar. A new Information Sheet (PDF, 129.4KB), Changes to Royalty/Taxpayer Reporting Deadline, explains the changes.

February 25, 2021

Bulletin PNG 001, Royalty Programs for Deep Gas Wells (PDF), has been updated to reflect process changes resulting from the implementation of Petrinex.

Stumpage and export fees

No updates in 2020.

Mining taxes

March 9, 2020

The B.C. Taxpayer Fairness and Service Code is now available online.

February 18, 2020

The provincial government announced its 2020 Budget on February 18, 2020. Programs administered by the Mineral, Oil and Gas Revenue Branch are amended as a result. B.C. Provincial budget tax changes.

Oil and natural gas royalties and taxes

July 7, 2020

The Oil and natural gas royalties and taxes website has been updated to:

• Clarify reporting requirements when oil is recovered or being inventoried under specific circumstances
• Expand information on how non-refundable credits are applied on amended periods 
• Add examples of how interest applies on amended production periods and on refunds 
• Clarify how interest applies on deemed royalties 
• Make minor revisions across the site for clarity

A new Information Sheet, Invoice Components for Oil & Gas Royalties and Tax, is now available to help producers and operators understand their invoices.

March 9, 2020

The B.C. Taxpayer Fairness and Service Code is now available online.

February 18, 2020

The provincial government announced its 2020 Budget on February 18, 2020. Programs administered by the Mineral, Oil & Gas Revenue Branch are amended as a result. B.C. Provincial budget tax changes.

January 2, 2020

The Natural gas tax credit website has been updated to:

• Explain how to calculate the cost of natural gas for the Natural Gas Tax Credit
• Include the new Natural Gas Tax Credit Application form (FIN 515)
• Include an Annual Cost of Natural Gas Worksheet template

Mining taxes

February 19, 2019

The provincial government announced its 2019 Budget today. Programs administered by the Mineral, Oil and Gas Revenue Branch are amended as a result. Learn more at B.C. Provincial budget tax changes.

Oil and natural gas royalties and taxes

December 2, 2019

Oil & Gas Transition Notice 011, Reporting Requirements, has been revised to include reporting requirements for oil that is recovered or being inventoried.

April 4, 2019

Effective April 1, 2019, the Orphan Site Restoration Tax is eliminated and replaced by a new Orphan Liability Levy administered by the Oil and Gas Commission.

To find out more about the new liability levy, see OGC’s Industry Bulletin 2019-01.

To find out what this means for producing months before April 1, 2019, visit our website. 

February 19, 2019

The provincial government announced its 2019 Budget today. Programs administered by the Mineral, Oil & Gas Revenue Branch are amended as a result. Learn more at B.C. Provincial budget tax changes.

January 15, 2019

Petrinex Error Messages and Associated Penalties (PDF) has been revised to update error number VME0018 to $100 per error per facility, and to change the frequency to Recurring (R).

Mining Taxes 

No updates in 2018.

Oil and natural gas royalties and taxes

February 20, 2018

The provincial government announced its 2018 Budget today. Programs administered by the Mineral, Oil and Gas Revenue Branch are amended as a result. Learn more at B.C. Provincial budget tax changes.

February 1, 2018

The Petrinex BC website at www.gov.bc.ca/petrinex is updated to add:

• The Petrinex Communication and Readiness Handbook
• Information on the Petrinex BC Change Leader Program and how to update your Petrinex BC contact
• Change Leader meeting presentations

January 23, 2018

Information Letter 2018-01, 2018 Industry Reporting Calendars, provides oil and natural gas industry reporting due dates for 2018.

Mining Taxes 

No updates in 2017.

Oil and natural gas royalties and taxes

January 31, 2017

Information Letter 2017-02, Changes to Monthly Oil Sales Statement (BC-09) Electronic Submissions: CSVFile Format, explains the changes that will be reflected on the first run invoices in February 2017.

January 19, 2017

Information Letter 2017-01, 2017 Industry Reporting Calendars, provides oil and natural gas industry reporting due dates for 2017.

Mining taxes

December 15, 2016

The mine inspection fee, for each pit or quarry you hold a permit for, is paid annually at the end of the calendar year. The 2016 inspection fee rates are now posted and the amount you pay for the year is due by January 31, 2017. For more information, see the Pits and quarries webpage. For the updated FIN 726, Pit or Quarry, Mine Inspection Fee Return, see the Forms webpage.

June 23, 2016

Possible postal service disruption

If there is disruption to postal services, you are still responsible for filing your returns, claiming grants, applying for programs or refunds, and making payments on time.

Find out more

Oil and natural gas royalties and taxes

December 29, 2016

Information Letter 2016-02, Changes to CSV File Layout for Gas Royalty Invoices (BC-08), explains the changes that will be reflected on the first run invoices in February 2017.

December 20, 2016

B.C. is joining Petrinex to improve how information about the oil and natural gas industry is reported and managed. The system is expected to be in place in B.C. by October 2018. Learn more about the Petrinex B.C. inclusion project.

June 23, 2016

Possible postal service disruption

If there is disruption to postal services, you are still responsible for filing your returns, claiming grants, applying for programs or refunds, and making payments on time.

Mining taxes

December 15, 2015

If you are a mine inspection fee permit holder, you will receive a reminder notice to file a Mine Inspection Fee return for each of your mines. This reminder will provide you with the classification for each mine as Mineral or Coal Mine, or Pit or Quarry. The type of return(s) you must file and the filing frequency depends on each mine classification.

The easiest way to file and pay is using eTaxBC. If you don’t want to file and pay using eTaxBC, find the updated returns on our forms page. For more information, please visit the Mine inspection fee page.

July 23, 2015

Bulletin GEN 002, Appeals, has been revised to remove reference to the Residential Energy Credit and Rebate Program and Hotel Room Tax.

June 11, 2015

Effective April 1, 2015 the mine inspection fee rates (formerly the mine health and safety inspection fee rates) for mineral or coal mines and pits or quarries has increased. For more information, please see the Mine inspection fee page. Please see the Forms page for the new Mine Inspection Fee Return (January 1 to June 30, 2015) for mineral or coal mines.

February 3, 2015

The Appeals webpages and Bulletin GEN 002, Appeals, have been updated to make it easier for you to find the information you need.

Oil and natural gas royalties and taxes

November 05, 2015

Information Letter 2015-05, Gas Cost Allowance Reporting Procedures, explains that operators of producer-owned gas plants who have one or more producer-owned sales lines are required to submit separate BC-23,Gas Cost Allowance applications: one for the producer-owned gas plant and one for the producer-owned sales lines.

September 24, 2015

Information Letter 2015-04, Reporting Prorated Condensate on the BC-S1 Monthly Production Statement, provides specific information for operators on the new requirement to report prorated condensate production volumes each month on the BC-S1. This requirement is effective the January 2016 production month.

September 03, 2015

Information Letter 2015-03, BC-30 Oil Purchases Summary, and Form 20, Monthly Crude Oil and Condensate/Pentanes Plus Purchasers’ Statement, explains that, effective immediately, you are no longer required to submit the BC-30 and Form 20 to verify production and royalties.

July 23, 2015

Bulletin GEN 002, Appeals, has been revised to remove reference to the Residential Energy Credit and Rebate Program and Hotel Room Tax.

June 5, 2015

The Liquefied Natural Gas Income Tax (LNGIT) regulations are now available.

The LNGIT regulation provides information on computing the cost of natural gas notionally acquired at an LNG facility inlet meter, gives circumstances in which a bond may not be required, sets out factors considered in determining the amount of the bond, provides how to compute interest on amounts payable and prescribes credits that are not financial incentives for the purposes of the LNGITA.

The Bonding Act regulation is also amended to include the LNGITA and sets out the types of security that can be posted as a bond.

New information is available about transportation costs allowable and not allowable in determining natural gas notionally acquired at an LNG facility inlet meter, and how feedstock pipeline inlets will be designated in determining the costs of natural gas notionally acquired at an LNG facility inlet meter.

The Natural Gas Tax Credit regulation has been added to the Income Tax Act. The regulation allows for a natural gas tax credit of up to a total of 3 percent of the cost of natural gas acquired at the LNG facility inlet meter.

March 25, 2015

The Province introduced the Liquefied Natural Gas Income Tax Amendment Act, 2015 today. The legislation adds administrative provisions to the Liquefied Natural Gas Income Tax and also amends the Natural Gas Income Tax Credit in B.C.'s Income Tax Act.

Check out the new LNG Income Tax website at www.gov.bc.ca/lngincometax

March 2015

Bulletin PNG 006, Net Profit Royalty Program has been revised to clarify that participants automatically advance to Tier 1 after 10 years

February 3, 2015

The Appeals webpages and Bulletin GEN 002, Appeals, have been updated to make it easier for you to find the information you need.

Form FIN 298, Appeal to Minister, is a new form you can use to file an appeal related to an assessment, disallowed refund or other decision made by the Ministry of Finance.

January 2015

Information Letter 2015-02, Producer Cost of Service Reporting Procedures for Shared Equipment

Information Letter 2015-01, 2015 Industry Reporting Calendars, provides oil and natural gas industry reporting due dates for 2015.

Industry Bulletin 2014-18 advises of changes to the Oil and Gas Commission Levy rates effective January2, 2015.

Oil and natural gas royalties and taxes

September 22, 2014

Check out our new website at www.gov.bc.ca/oilandnaturalgastaxes

This site was designed with you in mind and will make it easier for you to find the information you need.

July 2014

Effective July 2014, PNG008 Minimum Royalty Program has been revised.

Effective July 2014, PNG001 Royalty Programs for Deep Gas Wells has been revised.

Effective July 2014, IL2014-02, there are changes to the Ultramarginal Royalty Program.

April 2014

Effective April 1, 2014, there are changes to the Deep Royalty Program and the Ultramarginal Royalty Program

January 2014

Information Letter 2014-01 2014 Industry Reporting Calendars