108.1 (1) In this section, “eligible tax” means, in respect of a corporation for a taxation year, a tax levied under the laws of a province for the taxation year, (a) that is imposed only on persons engaged in mining operations in the province or who hold non-Crown royalties in respect of a mine in the province, or both, and (b) that is paid or payable to, (i) the province, (ii) an agent of Her Majesty in right of the province, or (iii) a municipality in the province, in lieu of taxes on property that is not residential property or in lieu of taxes on any interest or right in property that is not residential property; “industrial mine” means any work or undertaking in which industrial mineral ore is extracted or produced; “industrial mineral” means a mineral, other than, (a) a mineral obtained from a mineral resource, and (b) a  fossil fuel; “industrial mineral ore” includes an unprocessed industrial mineral or a substance bearing an industrial mineral; “industrial mining operations” means, (a) the extraction or production of industrial mineral ore from or in an industrial mine, (b) the transportation of industrial mineral ore to the point of egress from the industrial mine, and (c) the processing of industrial mineral ore, (i) before or in the course of its transportation to the point of egress from the industrial mine, and (ii) before its removal from the industrial mine; “industrial non-Crown royalty” means a royalty contingent upon production of an industrial mine or computed by reference to the amount or value of production from industrial mining operations in a province, but does not include a royalty that is payable to the Crown in right of Canada or a province; “mine” includes any work or undertaking in which a mineral ore is extracted or produced and includes a quarry; “mineral ore” includes an unprocessed mineral or mineral-bearing substance; “mining operations” means, (a) the extraction or production of mineral ore from or in a mine, (b) the transportation of mineral ore to the point of egress from the mine, and (c) the processing of mineral ore, (i) to the prime metal stage or its equivalent if the mineral ore is not iron ore, or (ii) to a stage that is not beyond the pellet stage or its equivalent if the mineral ore is iron ore; “non-Crown royalty” means a royalty contingent upon production of a mine or computed by reference to the amount or value of production from mining operations in a province, but does not include a royalty that is payable to the Crown in right of Canada or a province; “processing” includes all forms of beneficiation, smelting and refining; “specified income” means, in respect of a corporation for a taxation year, the corporation’s income from industrial mining operations in a province for the taxation year that is derived from industrial mining operations in the province, as computed under the laws of the province that impose an eligible tax.  O. Reg. 60/06, s. 4. (2) The sum of the following amounts is prescribed as a deduction from a corporation’s income from a business or property for a taxation year for the purposes of subsection 11.0.1 (2) of the Act: 1. The amount of all eligible taxes paid or payable by the corporation for the taxation year on the corporation’s specified income for the taxation year. 2. The amount of all eligible taxes paid or payable by the corporation for the taxation year on the amount of any industrial non-Crown royalty included in computing the income of the corporation for the taxation year.  O. Reg. 60/06, s. 4.