TSXV:AAA.P - Post by User
Comment by
AdamJTon Jul 05, 2012 4:06pm
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Post# 20085975
RE: RE: RE: RE: Allana may start potash exports fr
RE: RE: RE: RE: Allana may start potash exports fr Exactly sdomae. It's inline with most of Africa. Actually ownership stake is lower than many other nations. What people fail to recognize is the only reason corporate taxes are cheap here is because our economy is developed. Given current fiscal situations I don't see taxes remaining low. Then you have to look at various provinces fiscal situations and the low royalty rates may come under pressure at some point.
I for one would like to see a National Resources Royalty which would be allocated to social programs such as healthcare, etc. It's not popular but, sure beats more VAT's in the future IMO.