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Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc > Year End Out....
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Comment by zeus55on Apr 23, 2013 8:23pm
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Post# 21292251

RE: Year End Out....

RE: Year End Out....

"For the year ended December 31, 2012 the Company recorded $10.6 million of tax benefit contributions. This represents the Company’s costs relating to the tax incentives granted to Mart’s co-venturers with respect to the petroleum operation at the Umusadege field."

 

But what are these payments for? Why is Mart paying this, and exactly who are they paying it to?

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