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Canada: Provincial sales tax (PST) refunds for mining companies in Saskatchewan

Canada: PST refunds mining companies in Saskatchewan

Mining companies may be eligible to claim, retroactively, a refund of provincial sales tax (PST) paid on certain drilling related services in Saskatchewan.

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The province’s Ministry of Finance recently announced that, effective 1 December 2019, drilling services related to certain exploration and specified mine site drilling are exempt from PST.

Further, Saskatchewan has indicated that certain downhole servicing or repairs are also exempt from PST as of 1 December 2019. As a result, companies that have paid PST for such drilling services performed since 1 December 2019 need to consider preparing an application to claim a refund.

Read a March 2020 report prepared by the KPMG member firm in Canada

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