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Bullboard - Stock Discussion Forum ECUADOR GOLD AND COPPER CORP V.EGX

Metals & Mining Gold
"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."

TSXV:EGX - Post Discussion

ECUADOR GOLD AND COPPER CORP > This talk of tax made me wonder...
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Post by pianoman88 on Jan 28, 2015 10:45am

This talk of tax made me wonder...

is it possible someone in Equador is selling anonymously to their own off-shore account to avoid being taxed on future profits with EGX and to write off capital losses in Equador?

Just a thought; not that I would do anything like that.

ll lll ll lll
Comment by BrendanC on Jan 28, 2015 12:08pm
Pianoman, it is my understanding, from my research I have done on "Aura", that the BVI do not allow information to wander outside of their territory. That is why persons invest through the many, and I mean many...something close to 300 invesment firms, based out of the BVI, so they can not be monitored on gains. So in theory, they would not need to prove Capital Loss if they arent ...more  
Comment by pianoman88 on Jan 28, 2015 1:29pm
Good points Brendan. Thanks for the response. ll lll ll lll
Comment by BrendanC on Jan 28, 2015 1:43pm
Your welcome... EOM
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