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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

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Message: Turtlefoam -- taxes

Under the MOA we pay 3% plus 3% (if gold over 450) of our gross revenues.

Then we pay corporate income taxes on our net income, and I believe that the current rate is 34% (fairly standard rate). We, of course, have large loss carryforwards for all of our social spending so our effective tax rate will be lower for a while.

Everyone have a great Thanksgiving!

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