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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (10438)12/9/2014 8:42:43 AM
From: Goose94Read Replies (1) | Respond to of 202931
 
Clifton Star Resources (CFO-V) Dec 9, '14 has received the 2014 Quebec exploration tax credit in the amount of $318,443 it had claimed in the course of its normal 2014 tax reporting obligations, and it also received $2,445,115 for the Quebec exploration tax credit for 2009.

A thorough tax review identified valid tax credits for 2009. An amended Quebec income tax report was filed. Discussions over the last year and a meeting with the tax authorities resulted in the issue of a credit of $2,445,115, including interest.

Clifton Star has cash on hand of $3.5-million at this time.