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INCOME TAX EXPENSE (Tables) | 12 Months Ended
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Dec. 31, 2022
Income tax [Abstract] |
Schedule of major components of tax expense (income) |
For the years ended December 31 | 2022 | 2021
Tax on profit |  |
Current tax |  |
Charge for the year | $699 |  | $1,031 |
Adjustment in respect of prior years 1 | 6 |  | (32) |
| $705 |  | $999 |
Deferred tax |  |
Origination and reversal of temporary differences in the current year | ($52) |  | $289 |
Adjustment in respect of prior years 1 | 11 |  | 56 |
| ($41) |  | $345 |
Income tax expense | $664 |  | $1,344 |
Tax expense related to continuing operations
Current |  |
Canada | ($8) |  | ($9) |
International | 713 |  | 1,008 |
| $705 |  | $999 |
Deferred |  |
Canada | $3 |  | $38 |
International | (44) |  | 307 |
| ($41) |  | $345 |
Income tax expense | $664 |  | $1,344 |
1Includes adjustments to equalize the difference between prior year's tax return and the year-end provision.
Schedule of reconciliation to Canadian statutory rate |
Reconciliation to Canadian Statutory Rate |
For the years ended December 31 | 2022 | 2021
At 26.5% statutory rate | $446 |  | $1,228 |
Increase (decrease) due to: |  |
Allowances and special tax deductions 1 | (146) |  | (138) |
Impact of foreign tax rates 2 | (146) |  | (84) |
Non-deductible expenses / (non-taxable income) | (38) |  | 118 |
Goodwill impairment charges not tax deductible | 325 |  | — |
Taxable gains on sales of non-current assets | 1 |  | 24 |
Net currency translation losses on current and deferred tax balances | 59 |  | 23 |
Tax impact from pass-through entities and equity accounted investments | (196) |  | (330) |
Current year tax results sheltered by previously unrecognized deferred tax assets | 33 |  | (18) |
Recognition and de-recognition of deferred tax assets | 15 |  | (31) |
Adjustments in respect of prior years | 17 |  | 24 |
Increase to income tax related contingent liabilities | 13 |  | 19 |
Impact of tax rate changes | — |  | 66 |
Withholding taxes | 82 |  | 110 |
Mining taxes | 201 |  | 323 |
Tax impact of amounts recognized within accumulated OCI | (7) |  | 8 |
Other items | 5 |  | 2 |
Income tax expense | $664 |  | $1,344 |
1 We are able to claim certain allowances, incentives 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.

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