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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Post by phil_ton Nov 23, 2017 11:56am
108 Views
Post# 27019478

Taxes due

Taxes dueUnless I missed something, we haven't seen a real explanation of the Mexican tax authorities position on back taxes owed.  The company has laid out the crippling taxes that would be owed if they were to retroactively reassess back to 2010 based on spot silver price, but it seems surprising that we don't really know if that is their position.  It also seems quite extraordinary that after issuing APA, they could then annul that years later, after the fact!

What are the chances that Mexican tax authority ends up owning whatever assets are left, with nothing left for shareholders or debenture holders?
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