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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: HAZ who wrote (4361)1/5/1998 5:00:00 PM
From: Geoff Trueman  Read Replies (1) | Respond to of 24920
 
HAZ - Flow Through Shares

In response to your question on residency requirements, this is one instance where paying Canadian taxes has an advantage -- only those individuals paying Canadian income taxes can avail themselves of the flow through share mechanism.

I do not believe that the US tax legislation allows for a comparable financial instrument, but I really do not have any specialized knowledge of the US tax system, so please check with a US based source.