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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
1 Reply

Can Canadian Exploration Expenses (CEE) be carried forward

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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