Canada Gov't to Bring Up Tax Issue With Mexico: Primero

Canada Gov't to Bring Up Tax Issue With Mexico: Primero

Assessment

Interactive Video

Business

University

Hard

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The video discusses international delegations involving Mexico and Canada, focusing on a tax dispute with Mexican authorities. The Canadian government plans to address the issue with Mexico. The dispute centers on a shift from taxing based on revenue to the spot price of silver, which could significantly increase tax costs. The company argues for taxes based on realized prices due to a 2004 forward sale arrangement, as acknowledged in a 2012 ruling.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant change in taxation was proposed by the government?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reason for the difference between realized price and spot price?

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