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Montana Free Printable MINE-CERT for 2020 Montana Application and Affidavit for Certification and Approval of Mineral and Coal Exploration Incentive Credits

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Application and Affidavit for Certification and Approval of Mineral and Coal Exploration Incentive Credits
MINE-CERT

CLEAR FORM MONTANA MINE-CERT Rev 06 13 Application and Affidavit for Certification and Approval of Mineral and Coal Exploration Incentive Credits 15-32-504, MCA Application for the year ending December 31,_________ This application must be submitted no later than 60 days after the close of the above-listed calendar year. Name of Applicant__________________________________________________________________________________ Address of Applicant________________________________________________________________________________ Project Name (if any)________________________________________________________________________________ Project Area (for general reference purposes)____________________________________________________________ Part I. Eligible Costs Enter the total amount of exploration incentive credit costs from Part IV, Line 9, of this application. $________________ Specific activities for which costs may be taken: You may request an exploration incentive credit for the eligible costs for each of the mineral and coal exploration activities listed below. These activities must be performed for the purpose of determining the existence, location, extent or quality of a locatable or leasable mineral or coal deposit regardless of whether the land is state owned.  Surveying by geophysical or geochemical methods  Drilling exploration holes  Conducting underground exploration  Surface trenching and bulk sampling  Performing other exploratory work, including aerial photographing, geological and geophysical logging, sample analyzing and metallurgical testing Part II. Property Information If a deposit has been established to exist, enter the location and legal description of the prospect/mineral property for which you will apply for a mineral and coal exploration tax credit. Include all meridians, townships, ranges and sections. ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ Enter the claim names and/or the serial numbers for the prospect/mineral property and the date that the mineral rights to these locations were acquired. ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ Page 1 Part III. Prospect/Mineral Information Applicant Name__________________________________ 1. Has mining ever occurred on the prospect/mineral property? (Mark one box.)  Yes  No  Unknown If yes, please provide date(s) in which activity commenced, including, but not limited to, when approvals, licenses, permits, etc. were issued for the mining activity. ____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ 2. Please describe all existing improvements made or located on prospect/mineral property such as mine cuts, camps, wash plants, mill facilities, airstrips, roads, etc. Attach additional sheets if necessary. ____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ 3. If this application is for a previous mine, please indicate the date that the mine was shut down (month and year). Please also provide the date(s) when all previous mining approvals, permits, licenses, etc., were terminated. ____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ 4. Has an Affidavit of Initial Production ever been filed for this property? (Mark one box.)  Yes If you answered yes to this question, go to questions 5 and 6. Otherwise, go to question 7. 5. Enter the date of initial production as indicated on the affidavit (month and year)._________ 6. Enter the final date (month and year) that the title and the mineral rights to prospect/mineral property were acquired. ____________________________________________________________________________________________ Mark the boxes below for each land description that applies:    7a. Do you have all permits that are necessary to commence construction of a mine?  Yes 7b. List all permit numbers, issuing agencies, type of permits, date of any permits, and status of permits issued as of the date of this application below. Include such permits as APMA Plan of Operation Approval, Reclamation Plan Approval, NPDES 401, Solid Waste, Air Quality, Wetlands 404, etc. If you answered “No” to question 7a, please include in the list below those permits that you have not yet obtained. Attach supplemental sheets, if necessary.  No  Unknown Land where the prospect/mineral property is located is vacant/unappropriated state/federal land. Land where the prospect/mineral property is located is claimed, leased or patented by applicant. Land where the prospect/mineral property is located is claimed, leased, patented, or private land to which the applicant has acquired the mineral/mining rights. Permit Number Issuing Agency Name Type of Permit Date of Permit  No Status of Permit __________ ___________________ ___________________ ___________________ _________________ __________ ___________________ ___________________ ___________________ _________________ __________ ___________________ ___________________ ___________________ _________________ __________ ___________________ ___________________ ___________________ _________________ 8. Please provide a description of the minerals that you are seeking by the exploration work claimed. ____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ Page 2 Applicant Name__________________________________ Part IV. Breakdown of Exploration Costs Incurred to Bring the Mine into Production The amount of Mineral and Coal Exploration Incentive Credit allowed is based on the costs incurred for activities in direct support of exploration activity conducted at a specific exploration site for the purpose of determining the existence, location, extent, or quality of a mineral or coal deposit. We require a breakdown of the eligible costs associated with this credit. Eligible costs are the costs incurred during the year for the five mineral and coal exploration activities listed in Part I on page 1 of this application. The activities must relate to the legal description defined in Part III, line 9. Please see the instructions for details about the eligibility of these costs. Enter the summary of the costs that you have calculated for each category below. 1. Personnel Costs.................................................................................................................$__________________ 2. Transportation Costs..........................................................................................................$__________________ 3. Fuel Costs..........................................................................................................................$__________________ 4. Field Camp Costs...............................................................................................................$__________________ 5. Communication Costs........................................................................................................$__________________ 6. Geochemical and Geophysical Costs.................................................................................$__________________ 7. Contractual Costs...............................................................................................................$__________________ 8. Miscellaneous/General Business Operating Costs............................................................$__________________ 9. Add the amounts on lines 1 through 8 above and enter the result. These are your total Exploration Incentive Credit Costs. ............................................$__________________ Enter this amount in Part I on page 1 of this application. Please attach a detailed ledger supporting your totals. Include in your ledger which of the five mineral and coal exploration activities apply to each detailed cost. You should save all of your receipts and/or cancelled checks because these ledgers are subject to audit. Page 3 Part V. Exploration Activity Data List Applicant Name__________________________________ Please provide a summary of work completed during the year that includes, but is not limited to, 1.) the number of core or rotary drilling holes completed, 2.) chemical analytical data available, or 3.) aerial photographs or a topographic or geologic map showing the location of drill holes, sample locations or other exploration activities undertaken. Attach as many supplemental sheets as necessary. ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ ________________________________________________________________________________________________ Page 4 Applicant Name__________________________________ Part VI. Personnel Information A. Enter the number of employees ______________ B. List the names of consultants (if necessary, provide the list on an additional page). 1. _______________________________________________________________________ 2. _______________________________________________________________________ 3. _______________________________________________________________________ 4. _______________________________________________________________________ 5. _______________________________________________________________________ Part VII. Identification of Business Type Please mark the box that describes the type of entity applying for the credit.      a partnership registered to do business in the state, a corporation qualified to do business in the state, a limited liability company qualified to do business in the state, a sole proprietorship, or other, please explain___________________________________________________________________________ Part VIII. Applicant’s Signature I,_______________________________________________________, under penalty of false swearing, declare that the information provided in this application and attachments is true, correct and complete. X____________________________________________________________ (Signature of applicant) Subscribed and sworn before me this ________ day of________________________, 20_________ Signature of notary_________________________________________________________________________________ My commission expires______________________________________________________________________________ Part IX. Department of Revenue Expenditure Certification/Denial Amount of certified expenditures............................................................................. $__________________________ (Must match the amount shown in Part I) Date of delivery of above data and request for approval of taking credit................. __________________________ Month and Year Signature and date for certifying expenditures ________________________________________________________________ __________________________ Name and Title Date Signature and date for not certifying expenditures (See separate letter for reasons of denial and remedy) ________________________________________________________________ __________________________ Name and Title Date Mail to: Montana Department of Revenue, Corporation Tax Unit, PO Box 7149, Helena, MT 59604-7149 Page 5 Instructions for Form MINE-CERT Part I. Eligible Costs The total amount of exploration incentive costs are calculated in Part IV. Enter these total costs from line 9, Part IV, of this application. This part of the application form lists the five categories of exploration activities that qualify for the mineral exploration credit. All exploration cost data claimed under Part D of this application will be examined to verify that the cost is directly attributable to the five allowed activities, making the cost eligible to be claimed for this credit. Part II. Property Information Please provide the information requested. The legal description for the prospect/mineral property and Bureau of Land Management serial numbers and names of the mining claims and sites are necessary. Part III. Prospect/Mineral Information Exploration incentive credits will only be granted for costs related to exploration activity that occurs before the mine construction commencement date of a new mine and for a mine that previously operated, but ceased to operate and for which all previous mining approvals have expired. The department will use information provided in this section, as well as other information in our records or that we obtain, to decide if expenditures qualify for credit. Question 1. Please indicate whether mining has ever occurred on the prospect/mineral property. Question 2. Please describe in detail all existing improvements made or located on the prospect/mineral property. Photographs, maps and diagrams would be helpful. Question 3. Please answer to the best of your ability. Question 4. Please answer to the best of your ability. Question 5. Please answer to the best of your ability. Question 6. Do you have the mineral rights or right to mine the prospect/mineral property? If yes, indicate the date those rights were acquired. If there is more than one date (such as several mining claims with different posting dates), indicate when the latest date rights were acquired (such as latest posting date in that instance). Also, please mark X whether the land where the prospect/mineral property is located is a) vacant/unappropriated state or federal land open to mineral entry; b) claims, leases, patents, or other private lands for which you have the mineral rights; or c) claims, leases, patents or other private lands for which you acquired the mineral rights. Credits can be transferred, but you must either own the property or have the mineral rights before they can be certified. Question 7. List all permits and the information requested as of the date of this application. Include exploration permits, access permits, mine permits, etc. Question 8. Indicate whether placer or lode, precious metal versus base metal, coal, dimensional stone, etc. Part IV. Exploration Costs 1. Personnel Costs Include combined costs of salaries, wages, and benefits for personnel employed directly by the company to perform duties directly related to an eligible mineral exploration activity. For example, the hourly wages and allocated benefits of a survey crew surveying at an exploration site and performing off-site compilation and analysis of survey data are direct costs. Direct labor costs are eligible if they can be supported by documentation of the amounts, date and time of performance, number of employees, and duties performed. Costs of employees not performing duties for exploration activities are not included. For example, employee travel (other than travel to and from the exploration area), entertainment, and training are not considered exploration costs. Personnel costs included in or allocated as overhead costs are not directly attributable costs and are not eligible costs unless it can be shown that the personnel were directly associated with eligible mineral exploration activities. 2. Transportation Costs These costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Your itemized ledger detail must include the name and address of the business providing the service. If your company provided some of the claimed transportation costs, the same ledger detail must be included. We also require the legal description or geographic location of where the service was performed and the date that the service was performed. Your transportation costs should be summarized under one of the following categories: · Fixed-wing aircraft either owned by your company, or chartered by an outside party · Helicopter · Commercial air service that was scheduled · Boats or barges · Tracked, wheeled and snow machine vehicles 3. Fuel Costs These costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Your itemized ledger must include the name and address of the business providing fuel, the date the fuel was purchased, and the legal description or geographic location describing where the fuel was purchased. 4. Field Camp Costs All costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Your itemized ledger must include the name and address of the business providing camp costs and the date that the camp costs were incurred, and the legal description or geographic location describing where the camp was located. 5. Communication Costs All costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Your itemized ledger must include the name and address of the business providing communication costs and the date that the communication costs were incurred, and the legal description or geographic location describing where the communication costs were incurred. 6. Geochemical and Geophysical Costs Costs of a geochemical/geophysical program include: a) sample collection costs that are not included under other costs such as personnel or transportation, and, b) the lease or purchase of geochemical/geophysical equipment. All costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Your itemized ledger must include the name and address of the business providing geochemical and geophysical program costs and the date that the costs were incurred, and the legal description or geographic location describing where the service was provided. 7. Contractual Costs All costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Contractual services include: • contracts to obtain exploration permits • contracts for geochemical sample preparation and analysis by a commercial lab • contracts for geophysical surveys by a consultant • drilling contracts • heavy equipment contracts Your itemized ledger must include the name and address of the business providing the contracted costs, the date that the costs were incurred, and the legal description or geographic location describing where the contractual service was provided. 8. Miscellaneous/General Business Operating Costs All costs must be directly attributable to the eligible mineral exploration activities listed in Part I. Miscellaneous costs include: • aerial photography • consultant fees • costs of developing access or additional access • general business operating costs (not including personnel costs) Your itemized ledger must include the name and address of the business providing the operating costs along with the names of any consultants used, the date that the costs were incurred, and the legal description or geographic location describing where the operating costs were incurred. 9. Total Amount of Exploration Incentive Credit Costs Add lines 1 through 8 above and enter the total here, and also on Part I, page 1 of this application. Part V. Exploration Activity Data List Provide a list of exploration activity completed during the year, including but not limited to, the following information: • the number of core or rotary drilling holes completed and the representative skeleton drill core or rotary cuttings for each hole drilled • chemical analytical data available • aerial photographs or a topographic or geologic map showing the location of drill holes, sample locations, or other exploration activities undertaken Part VI. Personnel Information Please provide the requested information. If necessary, you may provide the Section B information on an additional page. Part VII. Identification of Business Type Please indicate the type of business structure of the company requesting the credit. Part VIII. Applicant’s Signature This part must be signed by the person who is authorized to make and is making the official declaration of the validity of the information submitted on this application. We require the signature to be notarized. Part IX. Expenditure Certification/Denial This part will be filled out by a representative of the Department of Revenue and will indicate whether the expenditures requested by this application have been certified or have not been certified. We will make a determination by September 30. If your expenses are not certified by us under this section, we will state the reasons for denial of certification and give you an opportunity to correct any deficiencies or to provide additional information. Once your expenditures have been certified, we will specify the exploration activity data list requirements that will be required at the time you claim the Mineral and Coal Exploration Credit on Form MINE-CERT. Mail to: Montana Department of Revenue Corporation Tax Unit PO Box 7149 Helena, MT 59604-7149 Questions? Please call us at (406) 444-6900.
Extracted from PDF file 2019-montana-form-mine-cert.pdf, last modified May 2011

More about the Montana Form MINE-CERT Corporate Income Tax Tax Credit TY 2019

We last updated the Application and Affidavit for Certification and Approval of Mineral and Coal Exploration Incentive Credits in March 2020, so this is the latest version of Form MINE-CERT, fully updated for tax year 2019. You can download or print current or past-year PDFs of Form MINE-CERT directly from TaxFormFinder. You can print other Montana tax forms here.

Other Montana Corporate Income Tax Forms:

TaxFormFinder has an additional 78 Montana income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form INA-CT Affidavit of Inactivity for Corporations, Partnerships and Disregarded Entities (OBSOLETE)
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Form FID-3 Estates and Trusts (Fiduciary) Income Tax Return
Form QEC Qualified Endowment Credit

Download all MT tax forms View all 79 Montana Income Tax Forms


Form Sources:

Montana usually releases forms for the current tax year between January and April. We last updated Montana Form MINE-CERT from the Department of Revenue in March 2020.

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Form MINE-CERT is a Montana Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Montana Form MINE-CERT

We have a total of nine past-year versions of Form MINE-CERT in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:



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