Louis Kellermann CA(SA)’s Post

💲 1031 Exchanges for Mineral Rights - Understanding tax deferral tools like 1031 exchanges can help you get the most from your mineral rights investment. Read more ➡️ https://rpb.li/2moE #invest #investment #minerals #mineralrights #tax

In my newest #1031FunFact, learn about the exciting opportunity of investing in Oil and Mineral rights using a 1031 Exchange! 🛢 Did you know you can leverage a 1031 Exchange to transition into oil and mineral rights investments while deferring your taxes? Whether you're new to 1031 Exchanges or seeking alternative investment options, this video will prepare you to make an informed decision. #realestate #1031exchange #investing #taxtips #taxexpert #mineralrights

Adding a critical minerals agreement to the African Growth and Opportunities Act (AGOA) will incentivize private investment by enabling minerals sourced in AGOA countries to meet Inflation Reduction Act sourcing requirements for the 30D tax credit.

The SC on Thurs reserved its verdict on whether the royalty payable on minerals is a tax under the Mines and Minerals (Development and Regulation) Act, 1957, and if only the Centre is vested with the power to levy such exaction or states also have the authority to impose levies on mineral bearing land in their territory. Read more at: https://zurl.co/wjgO #ETLegalWorld

1031 Exchange Mineral Properties A 1031 Exchange is a potent tax-deferral strategy, enabling investors to transition funds seamlessly from real estate sales to income-producing mineral properties. This deferral of capital gains taxes facilitates the reinvestment of sale proceeds into qualifying mineral assets without immediate tax consequences, preserving capital for further investment, diversifying portfolios, and enhancing wealth accumulation. We've successfully guided clients in redirecting 1031 exchange funds into cash-flowing mineral properties. For more information on the benefits and opportunities of a 1031 Exchange into mineral properties, contact us today. Visit our website. https://lnkd.in/gudyxG3m Listen to and like this video then Subscribe to this channel. Uncover ways to use Self Directed IRA and 1031 Exchange funds to purchase mineral property. Do you have a strategy to protect your wealth from recession, inflation, stagflation, hyperinflation or the energy crisis? We offer FREE reviews if you are evaluating an oil well drilling or re-work deal. Give us a call or send us an email. #oilandgasindustry #minerals #mineralresources #mineralrights #oilroyalties #oilandgas This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.

Our national peak body, the Minerals Council of Australia, recently released an important report confirming just how crucial the resources sector is to our state and national economies.   The report by Ernst & Young (EY) found mining and energy companies contributed a record $74 billion in taxes and royalties in the 2021/22 financial year.   Following the Qld Government’s decision to impose the world’s highest coal royalty tax rates, our state accounted for nearly half of all royalties paid to state governments across the country.   Over the last ten years, resources companies have contributed a cumulative total of $356.6 billion, by far the biggest of any industry sector.    The resources sector plays a vital role in funding public services and infrastructure but governments need to get the right policy settings to keep our industry and country, strong.   Read The Australian newspaper report here - https://lnkd.in/g72TKFwB #QRC #MCA #EY #TheAustralian #Queensland #Qld #Minerals #Council #Australia

The Australian Government has introduced a Critical Minerals Production Tax Incentive to bolster downstream refining and processing of 31 critical minerals from 2027-28 to 2039-40. The incentive, part of the Future Made in Australia package, aims to drive innovation and growth in the sector. Key details of the incentive include a 10% refundable tax offset on eligible expenditure for processing and refining the critical minerals. This incentive will be available for up to a decade per facility, with a final investment decision or production start required by July 1, 2030. The list of critical minerals covered under this incentive ranges from High-purity Alumina to Zirconium => https://lnkd.in/gGJ7CcTF 📆 Treasury is inviting public consultation on this incentive's design and implementation details until July 12, 2024. This marks an essential opportunity for stakeholders to provide feedback and shape the future of Australia's critical minerals industry. #Australia #CriticalMinerals #Innovation #FutureMadeInAustralia #PublicConsultation #EconomicGrowth

The Australian Government unveiled the Future Made in Australia plan, a strategic initiative aimed at driving economic growth and innovation. This agenda focuses on key pillars such as renewable energy leadership, resource value addition, and investment in local talent and communities. Part of this plan is the Critical Minerals Production Tax Incentive (CMPTI), a $7 billion program to support critical minerals processing. Treasury is now seeking stakeholder input to shape the final design, administration, and implementation legislation of the CMPTI before its launch on 1 July 2027. Your feedback is crucial to shaping the future of Australia's economic landscape. For more details and to contribute your insights, access the consultation paper here: https://lnkd.in/eCKycwpy #Australia #EconomicGrowth #Innovation #FutureMadeInAustralia #TreasuryConsultation #criticalminerals #resources #mining

#BUSINESS: PNG gold fiasco The metrics and general rationale raised on the proposed National Gold Corporation Bill of 2022 claim it will fix a lot of issues in the economy, currently exists on paper and in speeches tailored for the political agenda. Read more here: ( https://lnkd.in/g8_rz5vS )

#DYK that Newmont paid $1.3 billion in taxes and royalties and an additional $9.8 billion in direct economic contributions in 2023? These contributions are an important source of income to national and local governments, particularly in countries where the mining and natural resources industries play a significant role in the national economies. If you’re curious to learn more about the taxes and royalties we pay and the impact they have, you can read our newly released 2023 Taxes and Royalties and Contribution Report here: https://lnkd.in/eYAHuxxt As a founding member of the EITI (Extractive Industries Transparency Initiative), we believe that greater transparency and accountability, as reflected in reports like this, are important to building trust and encouraging sustainable business practices. #Newmont #NewmontMoreThanGold #TaxReport #CorporateResponsibility