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Jack_Herer

06/26/25 10:57 AM

#3077 RE: OzzieTrader #3076

Sorry, no jurisdiction in the world can you legally commercially mine gold without paying a royalty and taxes to the government. I'm not talking about an NSR to a property vendor.

"In California, the royalty rate on gold mining is typically a percentage of the gross production value, ranging from 12.5% to 25%. The rates vary based on negotiations and market conditions"

The corporate income tax rate in California is 8.84%.
The federal corporate income tax rate is a flat 21%.