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
- 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
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/08/2024 12:01:34 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 11:48:10 PM
- Cameco présente ses résultats pour le premier trimestre : les perspectives pour 2024 restent solides ; la discipline financière et la solide position de trésorerie conduisent à une réduction ciblée de la dette ; sur le plan opérationnel... • Business Wire • 05/02/2024 11:51:00 AM
- U.S. Index Futures Point to Mild Decline Ahead of Key Earnings and Fed Rate Decision • IH Market News • 04/30/2024 11:59:59 AM
- Cameco Reports Q1 Results: 2024 Outlook Remains Solid; Financial Discipline and Strong Cash Position Result in Focused Debt Reduction; Operationally, Segments Performing to Plan; Attributes of Baseload Nuclear Power Attracting Tech Sector Investment • Business Wire • 04/30/2024 10:50:00 AM
- Cameco annonce le dépôt de documents • Business Wire • 03/23/2024 03:41:00 PM
- Cameco Reports Document Filings • Business Wire • 03/23/2024 12:36:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 11:57:49 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/09/2024 08:54:32 PM
- Cameco annonce ses résultats 2023 ; positionnement stratégique pour augmenter la production de niveau un à mesure que le cycle des contrats de sécurité de l’approvisionnement progresse ; maintien de la discipline financière et de la croissance... • Business Wire • 02/09/2024 08:38:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/08/2024 12:26:01 PM
- Cameco Announces 2023 Results; Strategically Positioned to Increase Tier-One Production as Security of Supply Contracting Cycle Advances; Maintaining Disciplined Financial Management and Growth; Improving Westinghouse Outlook • Business Wire • 02/08/2024 11:40:00 AM
- U.S. Index Futures Dip Slightly, Oil Prices Climb • IH Market News • 02/08/2024 10:56:39 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/19/2024 09:38:49 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/12/2024 02:50:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/05/2023 10:17:54 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/05/2023 10:03:28 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/01/2023 02:56:28 PM
- Le conseil d'administration de Cameco nomme une nouvelle présidente • Business Wire • 12/01/2023 01:37:00 AM
- Cameco Board Appoints New Chair • Business Wire • 11/30/2023 10:02:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM