OTCPK:LGCUD - Post by User
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December3on Jan 13, 2013 10:11am
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Post# 20831244
SUDENE Tax Benefit
SUDENE Tax Benefit Anybody understand the SUDENE Tax Benefit? I have read the MD&A and understand how it works and what is the new effective rate (15.4%). What I AM interested to know is what is the correlation between the deals with Sandstorm and the SUDENE Benefit?
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Take a look at slide 24: Appendix A of the January 2013 Corporate Presentation. The way the last line, line d, is presented would suggest that without the Sandstorm agreement the effective tax rate would be 34%.
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Who can explain this?
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