http://seekingalpha.com/currents/post/1299042?source=email_rt_mc_readmore
Cameco (CCJ -1.5%) has avoided paying hundreds of millions of dollars in Canadian taxes by setting up a subsidiary in Switzerland, the Canada Revenue Agency says.
At issue is a deal CCJ made in 1999 - when uranium prices were much lower - to sell uranium to its wholly-owned Swiss subsidiary; the allegation is that the subsidiary then sold the uranium for more and recorded the profits in Switzerland, where taxes are lower.
CCJ says it hasn't done anything wrong and estimates it could end up owing as much as $850M in Canadian corporate taxes if it loses the case.
Recent CCJ News
- Cameco nommée au TSX30 pour 2024 • Business Wire • 09/10/2024 10:14:00 PM
- Cameco Named to TSX30 for 2024 • Business Wire • 09/10/2024 01:00:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/08/2024 09:12:23 PM
- Cameco présente ses résultats pour le deuxième trimestre : les prévisions pour 2024 sont maintenues ; solide performance d'exploitation ; les résultats financiers sont le reflet d'une transition vers des indicateurs économiques de premier plan... • Business Wire • 08/01/2024 11:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2024 11:28:57 AM
- Cameco reports Q2 results: 2024 outlook on track; strong operational performance; financial results reflect transition to tier-one economics; durable demand outlook driving long-term price increases; disciplined strategy capturing long-term value • Business Wire • 07/31/2024 10:41:00 AM
- US Index Futures Up Ahead of Fed Decision; Oil Prices Surge Amid Middle East Tensions • IH Market News • 07/31/2024 10:01:30 AM
- Is This Company the Next Big Find for Fans of Highflyer Ramp Metals? • AllPennyStocks.com • 07/23/2024 09:10:00 PM
- Cameco publie son rapport sur le développement durable 2023 • Business Wire • 06/27/2024 10:44:00 PM
- Cameco Releases 2023 Sustainability Report • Business Wire • 06/27/2024 04:53:00 PM
- SaskPower, Westinghouse et Cameco signent un protocole d'entente pour explorer le potentiel d'approvisionnement en réacteurs et en combustible • Business Wire • 06/18/2024 12:07:00 AM
- SaskPower, Westinghouse and Cameco Sign MOU to Explore Reactor and Fuel Supply Potential • Business Wire • 06/17/2024 07:14:00 PM
- SaskPower, Westinghouse and Cameco Sign MOU to Explore Reactor and Fuel Supply Potential • Business Wire • 06/17/2024 06:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/06/2024 10:25:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/31/2024 10:21:18 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/30/2024 10:32:38 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 03:33:51 PM
- Cameco finalise un placement de débentures de 500 millions de dollars • Business Wire • 05/24/2024 06:04:00 PM
- Cameco annonce un placement privé de 500 millions de dollars de débentures • Business Wire • 05/21/2024 11:22:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/17/2024 09:50:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/10/2024 03:16:46 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/10/2024 02:40:57 PM
- Cameco annonce l'élection des administrateurs • Business Wire • 05/10/2024 06:24:00 AM
- Cameco Announces Election of Directors • Business Wire • 05/09/2024 10:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/08/2024 12:17:51 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM