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R&D Tax Credits available to U.S. Mining Companies

With the proliferation of various green technologies requiring a range of minerals to build batteries and other systems, mining companies in the United States have a vested interest in optimizing and innovating procedures that make the process more efficient and cleaner. But many companies engaging in such innovation don’t leverage research and development tax credits appropriately, which would help their cash flow. Ayming USA’s team of business tax consultants use their industry-specific expertise to help mining companies get the most out of their innovations.

Does your business operate in the Mining & Minerals sector?

Consistent technological development are daily challenges for companies in the mining & minerals sector. However, resolving many of these technical challenges often qualifies as research and development from a tax perspective and you’re more than likely to be eligible for generous tax relief.

With the elimination of Alternative Minimum Tax (AMT), companies engaged in various activities associated with mining operations and the processing of natural resources can now pursue incentives like the R&D Tax Credit to further reduce their tax liability.

What counts as R&D in the mining industry?mining vehicles in action

Below is a list of just some of the qualifying activities for the mining & minerals sector:

  • Refinement and purification processes 
  • Treatment and conversion techniques 
  • Technology utilized for production optimization 
  • And many more…

Download R&D Tax Credits in the Mining & Minerals Industry Now

Ayming USA helps mining companies make successful R&D tax credit claims

Ayming USA has the expertise to review the time tracking, contractual agreements, and other industry-specific documentation to deliver accurate results for your R&D claim.

Our industry-specific consultants have hands-on experience and knowledge of the Mining & Minerals sector. We always take the time to truly understand how your company innovates so that we can expertly identify all qualifying expenditures to help you make a successful claim for R&D tax credits.

Download your free factsheet

We’ve put together a handy, streamlined summary of research and development in the Mining & Minerals industry. Simply fill in your details to download your free factsheet and learn more about building your business with R&D tax incentives.