Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.


TSXV:TLC.P - Post by User

Timeless Capital Corp > What will it take.
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(148)
•••
Comment by HHAPPYon Jul 22, 2011 8:22am
209 Views
Post# 18860193

RE: RE: RE: RE: RE: RE: RE: RE: What will it take.

RE: RE: RE: RE: RE: RE: RE: RE: What will it take.I believe you are wrong. The flow through shares do produce a tax write off but NOT 100%. These shares usually cost more than a non-flow through PP. The difference is at most 47.5% OF THE PRICE PAID- BASED ON THE TAX position of the buyer. 47.5% being highest tax rate in Canada.Thus the exposure of the investor is the 53.5%of the cost of the PP.
As well the company MUST spend the money it receives in exploration or other expenses in Canadian holdings within a year of gthe PP or the flow through deduction is NOT allowed.
rare that hat requirement is not met but has happened.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities