Gold Reserve Announces Receipt of Proposal Letter From the Canada Revenue Agency to Reassess
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Gold Reserve Ltd. has received a proposal letter from the Canada Revenue Agency indicating a potential reassessment of the company's income, including amounts related to a 2014 arbitral award.
November 26, 2024 | 7:15 pm
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NEGATIVE IMPACT
Gold Reserve Ltd. has been notified by the Canada Revenue Agency of a potential reassessment of its income, which could include amounts from a 2014 arbitral award.
The CRA's proposal to reassess Gold Reserve's income could lead to financial implications, potentially affecting the company's stock price negatively in the short term. The inclusion of amounts from a significant 2014 arbitral award adds to the potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90