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Eagle Hill Exploration Corporation V.EAG



TSXV:EAG - Post by User

Post by Goldflowon Sep 05, 2012 12:44pm
170 Views
Post# 20320092

PQ to raise mining taxes? Bad for EAG?

PQ to raise mining taxes? Bad for EAG?

Hey, so even though theyre only given the power of minority, can PQ still provoke the mining tax hike in Quebec? PQ stated earlier that they wanted to "impose a minimum 5% royalty rate on the gross value of all mining production. She also said the PQ would add a 30% additional tax on all mining profits over a certain level"

If anyone can elaborate please do. Thanks!

https://www.forbes.com/sites/kitconews/2012/08/22/parti-quebecois-suggestion-to-raise-quebec-mining-royalties-rate-could-be-damaging/

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