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posted Jun 28, 2022 8:42:21 PM

Can Canadian Exploration Expenses (CEE) be carried forward

I have renounced CEE's but I don't need to use them all this year can I carry a portion forward for future years

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Level 4
Feb 5, 2023 1:02:20 PM

Yes, CEEs are 100% deductible in the year in which they occur. Taxpayers can carry unused balances forward indefinitely or transfer them to flow-through-share investors. For more information, Please See CRA website.

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