Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.

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Veren Inc > Here is WHAT is Horribly WRONG with Capital Gain TAXATION

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Comment by pierrelebelon Dec 31, 2024 6:50pm

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Post# 36382986

RE:RE:RE:RE:Here is WHAT is Horribly WRONG with Capital Gain TAXATION

Sweden has a flat tax rate of 30% for capital gains. The Swedish tax authorities defines capital gains as incomes that can not be attributed to business operations or service. For example; rental of private assets, dividends, profit from the sale of assets and interest payments.

Is this better than our systen? I think not.

In the UK

Capital Gains Tax rates in the UK for 2024/25 10% (18% for residential property) for your entire capital gain if your overall annual income is below £50,270. 20% (24% for residential property) for your entire capital gain if your overall annual income is above the £50,270 threshold.

Is this better than our systen? It depends on your income level

And I could keep on going on, country by country.

Our system is not perfect, no system is. Overall, we get what we pay for

Decades ago my wife and I had three children. A visit to the hospital, a short stay for a few days for the mother and the baby and we got home without having to spend a penny (other than the optional TV rental). How much would an American couple pay for the same three baby deliveries? I do not want to think about it.

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