Originally posted by WayTooLong
Urgh,
Is it just me.. or does Galaxy NEVER mention Argentinan taxes (bar “withholding taxes) in ANY of its previous Sal De Vida POSCO announcements?
They always mention sale price, and the funds will be used for xyz...
But never the fact that tax is liable on the sale price.
That was a rather rude shock and I m not suprised to see this go down.
Dress up the other BS all you want, but thats $80-90 mil USD less to develop SDV with...
Questions should be asked at the AGM....
Re TAX, Posco Transaction
"Galaxy is currently exploring the opportunities of a potential refund of turnover taxes paid and
rollover relief on corporate taxpayable"
..............................................................................
Md
