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October 27, 2011
Sophie Ashley
A Canadian taxpayer has made an advance pricing agreement (APA) request to the Mexican tax authorities and has made an unusual amount of information public.
Primero, a Canadian mining company, has made a formal APA application, which, “if successful, would enable the company to pay income taxes based on realised, rather than spot [market price], revenue”, a BMO Capital Markets Flash report said.
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