Exploration incentive passes senate

NEW laws to establish the Exploration Development Incentive have passed the senate and are set to provide a well-needed boost to junior explorers.

Exploration incentive passes senate Exploration incentive passes senate Exploration incentive passes senate Exploration incentive passes senate Exploration incentive passes senate

Under the EDI eligible explorers can convert a portion of their tax loss to exploration credits, which can then be provided to shareholders.

Shareholders can use those credits to claim a tax benefit.

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