Majestic Gold Corp. V.MJS

Alternate Symbol(s): MJGCF

Metals & Mining Gold

Majestic Gold Corp. is engaged in mineral resource exploration, development and extraction. It operates the Songjiagou open pit gold mine in the eastern Chinese province of Shandong. Songjiagou Gold Mine covers over 75.04 square kilometers in Muping, Yantai, Shandong Province, China. It has four separate tenements, including E36/918, E37/1334, E63/2110 (Kumarl) Tenement and E77/2817 (Moorine) Tenement. These tenements are located in Western Australia, an area with demonstrated potential for the discovery of lithium oxide mineralization. E36/918 tenement has been granted and consists of two blocks located 150 kilometers (km) North of Leonora, about 50 kms north of Leinster, along the east side of the Kathleen Valley. E37/1334 tenement has been granted and consists of six blocks located west of Leonora township, 200 kms North of Kalgoorlie and 700 kms northeast of Perth, in the Goldfields region. E77/2817 (Moorine) Tenement consists of eight blocks located 400 kms east of Perth.

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Majestic Gold Corp. > Dividends attractive in Canada?

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Post by richard45161on Sep 05, 2024 12:25pm

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Post# 36210066

Dividends attractive in Canada?

To the Canadians here, are dividends attractive for you in terms of taxation?

In Germany - you pay 25% on capital gains as well as dividends. For dividends from Canada, there is 25% tax staying in Canada and then 10% on top tax from Germany. Which makes Canadian dividends less attractive, due to the 10% extra tax compared to capital gains/other dividends.

Fyi - I am German but don't live in Germany right now and I am fine with dividends from Canada

Thank you and best
Richard

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