Replies to post #92253 on Niocorp Developments Ltd (NB)

[Rader1977]

but if you live there and it’s your residence, you earn your living there, you pay Italian taxes. For the Italian state you owe taxes to them ( and if you are an American you will be (doubly )taxed on your worldwide income)

My situation is unique and may not be the most comparable to NioCorp (Defense contractor with SOFA status - I pay only U.S. income tax)

A better example would be TikTok. Why do we call it a Chinese company if they have U.S. offices?
https://www.tiktok.com/about?lang=en

TikTok has global offices including Los Angeles, New York, London, Paris, Berlin, Dubai, Mumbai, Singapore, Jakarta, Seoul, and Tokyo.

A foreign entity can't just open an office in the U.S. and suddenly become an American company. This is why we're seeing the push for TikTok to divest their U.S. operations and sell to a U.S. company (Wal-Mart? lol)

Anyone saying we could have secured the EXIM financing without the GXII merger doesn't understand the bigger picture - the merger gives us a fast-track route to American corporate status.

This makes NioCorp much more attractive to institutional investors who may have been hesitant to subsidize a Canadian company extracting minerals out of U.S. soil.