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Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?


To: JW@KSC who wrote (14289)1/13/2016 7:58:56 AM
From: Erie  Read Replies (2) | Respond to of 24507
 
Anyone care to explain the technical tax distinction between a normal dividend and a 'return on capital'. I get the point that the latter is not taxable, but I don't understand the accounting distinction. For example, if this system avoids tax, why don't (can't) other corporations use it?

I assume the 'return on capital' distribution is paid in USD, so for those of use in Canada, it will grow significantly -- thanks to the low prices for commodities these days.

Erie