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INCOME TAX EXPENSE (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax [Abstract]

Schedule of components of income tax expense (recovery)



For the years ended December 31	2017			2016
Tax on profit
Current tax
Charge for the year		$1,125			$911
Adjustment in respect of prior years	—			(2		)
		$1,125			$909
Deferred tax
Origination and reversal of temporary differences in the current year		$112			$10
Adjustment in respect of prior years	(6		)	(2		)
		$106			$8
Income tax expense		$1,231			$917
Tax expense related to continuing operations
Current
Canada		$7			$7
International	1,118			902
		$1,125			$909
Deferred
Canada		($97	)		($30	)
International	203			38
		$106			$8
Income tax expense		$1,231			$917

Reconciliation to Canadian statutory rate



Reconciliation to Canadian Statutory Rate
For the years ended December 31	2017			2016
At 26.5% statutory rate		$728			$471
Increase (decrease) due to:
Allowances and special tax deductions¹	(96		)	(134		)
Impact of foreign tax rates²	215			113
Expenses not tax deductible	24			54
Non-taxable gains on sales of long-lived assets	(241		)	—
Impairment charges not recognized in deferred tax assets	66			—
Net currency translation losses on deferred tax balances	10			23
Tax impact of profits from equity accounted investments	(7		)	(5		)
Current year tax losses not recognized in deferred tax assets	21			35
United States tax reform	(203		)	—
Non-recognition of US AMT credits	—			13
Adjustments in respect of prior years	(6		)	(4		)
Increase to income tax related contingent liabilities	172			70
Impact of tax rate changes	—			(13		)
United States withholding taxes	252			—
Other withholding taxes	18			11
Mining taxes	266			267
Other items	12			16
Income tax expense		$1,231			$917


¹	We are able to claim certain allowances and tax deductions unique to extractive industries that result in a lower effective tax rate.


²	We operate in multiple foreign tax jurisdictions that have tax rates different than the Canadian statutory rate