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Gold/Mining/Energy : Red Sea Oil Corporation (RSO) -- Ignore unavailable to you. Want to Upgrade?

To: Greywolf who wrote (268)	1/17/2000 11:31:00 PM
From: Tomas	Read Replies (2) \| Respond to of 332

<<Tax on capital there is 30%>> Only shareholders living in Sweden pay capital taxes there. In what country, or on which stock exchange, a company is listed, is not relevant to tax paying in Sweden. Neither is shareholders citizenship, only residence matters. As to the LOIL/RSO merger, perhaps they need to merge if they want any new concessions in Libya? I think a new block is waiting for them later this spring, but RSO doesn't have the financial muscles. A business combination may also help to speed up things in NC-177 (exploration, development, approvals etc).