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Note: Updates to logging tax are under Income taxes
See previous years in Archived tax updates.
Interest rates for mineral tax, mineral land tax and the mine inspection fee have been updated.
Interest rates for mineral tax, mineral land tax and the mine inspection fee have been updated.
The new web page for interest rates for the mineral tax, the mineral land tax and the mine inspection fee has been published. Please update your bookmarks to the new location on our website.
See previous years in Archived tax updates.
The Report information on oil and natural gas production web page has been updated to include information about multilateral and multi-zone wells.
The Lower your oil and natural gas royalty rates web page been updated to include eligibility information and example calculations for the marginal well royalty reduction. Note: This program is only available to wells with a spud date before September 1, 2022.
The new web page How to submit information for gas cost allowance (Allowable Costs in Petrinex) has been published. The page provides guidelines on entering information and submitting documents on Petrinex to receive gas cost allowance.
The new web page List of Petrinex reporting error messages has been published. This page includes information previously found in the following information sheets:
Please update your bookmarks to the new content on our website.
See previous years in Archived tax updates.
A new page for announcing changes in the new royalty framework, Updates on the new B.C. oil and gas royalty framework, has been published.
The invoice specification file for the new royalty framework is available on the page.