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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: whitepine who wrote (52736)	11/1/2005 10:13:51 AM
From: Eva	Read Replies (2) of 206199

<Hank Swartout, Precision Drilling chairman, president and chief executive officer, said U.S. investors holding Canadian trusts face a far lower tax bill than Canadian investors. "U.S. shareholders win big-time with the trusts. A 15-per-cent [with]holding tax, I mean we're paying 40 per cent as a person, why should they have 15 per cent?" Mr. Swartout told reporters after a 10-minute meeting to approve the Precision conversion. > As a canadian taxpayer, I am jealous ! Americans always fall on the butterside??

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