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SILVER WHEATON CORP. T.SLW

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."


TSX:SLW - Post by User

Post by IntoThinAiron Jul 08, 2015 3:08pm
406 Views
Post# 23904225

The Taxman Is Coming After Silver Wheaton

The Taxman Is Coming After Silver Wheaton

Summary

  • Silver Wheaton received a letter from the Canadian Revenue Agency which thinks it's owed $207M by Silver Wheaton.
  • I think this is a test case of the Canadian tax division against companies with foreign subsidiaries.
  • I'll explain why there's so much more at stake than just $207M.

https://seekingalpha.com/article/3309165-the-taxman-is-coming-after-silver-wheaton?source=email_rt_article_readmore&auth_param=fpfcs:1apqs93:ebefd7c8eed9bc4a9477ce2f4a547303&uprof=45
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