Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Tax Consequences

I don't want to get ahead of myself but there are some fairly significant tax implications that need to be explored (assuming we get paid).  Most of us are in a position where we have significant unrealized capital losses from this turd investment. If we get paid by way of dividend, which is taxed as income, we end up with a big tax bill and a pile of shares with no value (other than using the losses to offsett any capital gains you may have).  Getting the shares trading again is the best option, or having Tenor purchase the shares.  

Share
New Message
Please login to post a reply