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Property Rights in A Market Economy

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    #37
    Mineral Land Tax - The Mineral Taxation Act provides for a mineral tax to be levied against all owners of mineral rights. An individual is taxed only on the mineral rights owned in excess of five nominal sections (3200 acres). All mineral rights owned by corporations are taxable, with the exception of those minerals within the corporate limits of cities, towns and villages, minerals underlying railway right of ways and cemiteries, anf farm corporations which meet certain guidelines. In addition, an exemption from tax is available to mineral rights purchased for reserve creation under Saskatchewan Treaty Land Entitlement Agreements. ----------------------------Thank you grandmother. You are a real peach! I'm sure there was an abundance of 5 section family farms that were picked off one by one on their mineral titles.

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      #38
      NEWSFLASH YA'LL Canada isn't even an independent nation, we's all British subjectives. Think now, it is actually based on perogies, cause her majesty kin shut down parliement, anytime she wants. Actually the nation fares better, when the feds and provs are in recess anyways!

      Comment


        #39
        checking claims, "An individual is taxed only on the mineral rights owned in excess of five nominal sections (3200 acres"

        My family owned less than the amount of land you have stated; however they did get billed and did pay their mineral rights taxes; so either you are quoting a mineral act that was not in force at that time, or perhaps one that is from a different province or from a different country, but I wouldn't be surprised if it is simply generated from a figment of your sarcasm, either. Pars

        As a sidebar, I don't gamble at all. I don't go to any casinos; it's a personal choice, but I'll take your experienced word for it about the thingamabobby buttons: it sounds like you are well versed in your area of expertise.

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          #40
          burbert, get your coupon and fill your day with Wheat Board happiness. You're paying for it anyhow.Pars


          http://forum.smartcanucks.ca/72685-free-colouring-book-canadian-wheat-board-canada/



          Simply Homeade Spring '09 Recipe and Coupon Booklet

          --------------------------------------------------------------------------------
          0
          In stores!!!

          I found mine in Sobeys at the customer service desk....

          contains
          $1 Robin Hood Flour July 31 09
          $.75 Crisco all Vegetable or Golden Shortening July 31 09
          $1Crisco Canola or Vegetble Oil 946ml or larger July 31 09
          Free Coloring book with $1.18 postage from the Canadian Wheat Board --mail in form

          Comment


            #41
            AVers,

            Would anyone one have a used box of crayons they can send to burbert so he can color in his CWB coloring book?

            Thanks, pars

            Comment


              #42
              And crayons for checking,too,olease, it will put him in a better humor.

              My best, Peach

              Comment


                #43
                From Richards and Pratt (1979, 110)...

                The 1944 Mineral Tax Act imposed a tax on undeveloped freehold mineral rights to encourage holders of these rights, which had been granted by the federal Government... to allow these rights to revert to the Province.

                There were no acreage exemptions.

                I think the tax was 50 cents per acre.

                I also think the 3200 acre exemption was established under Premier Thatcher or Premier Blakeny.....Bill

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                  #44
                  I googled and read the same web page the other day, Bill, but I figured I'd let checking find it himself. lol

                  But thanks, from Peach

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                    #45
                    btw, Bill, it's more work to find the original bill, as you'll have discovered. It takes digging. I put the revised act link up to see if checking would just graze it and then post it, and yup, he did, even though it was not in force during TommyTime.

                    No wonder he wants the blanks filled in. Peach

                    Comment


                      #46
                      I'm the one not acting in a civil fashion, parsley? I think that is a stretch. Care to put it to a poll. 400 acre farmers get an equal vote to those in excess of five nominal sections (3200 acres)!! -------------------------If you have the information, share it on this thread. That was all I was ever asking. Do not take the ball home to play on your own court. Your comments, snide or otherwise, tell me that you're in the camp that believes knowledge is power, and don't you dare question my statements. People learn by a variety of methods. Many learning methods have nothing to do with printed matter. Most of these methods are far less hazardess to ones health, and much less time comsuming. ----------------------------- I deliberately didn't post the information site in order to elicit a response from you. I could then refer you back to your own power and control system over knowledge, use of ambitious fingers, dedicate a little time to your self education, and we were talking about taxation, remember? You are, after all, a professional in all three catagories. ---------------------------- Now kindly post the bill and the paid receipt that shows me that your family paid their mineral rights taxes. ------- You are so very knowledgeable. I bet you know the most favorite colour of crayon. Burbert and mine seem to be missing from our "used boxes". ---------Just exactly how many one colour drawing do you need to have magneted to your refridgerator door, parsley? !!!!!

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                        #47
                        Thanks bill, you are a gentleman.

                        Comment


                          #48
                          Peach, you flatter yourself if you think I visited your site. I'd be worried if I pressed 9. My telephone line might be used in Austria.

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