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Why does WCSB have CEE tax deductions if they are typically not involved in exploration projects?

April 26, 2017CEE exploration involved Projects tax deductions wcsb

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Why does WCSB have CEE tax deductions if they are typically not involved in exploration projects?

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In the event that a WCSB development well isn’t successful, it gets reclassified from CDE to CEE and thus becomes a 100% tax deductable Canadian Exploration Expense.