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Eldorado Gold Corporation: Turkish Projects-VAT.
Canadian Corporate News, March, 2004
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VANCOUVER, BRITISH COLUMBIA, Mar 30, 2004 (CCNMatthews via COMTEX)
Earl W. Price, Chief Financial Officer of Eldorado Gold Corporation ("Eldorado", the "Company", or "we") provides the following information regarding Value Added Tax ("VAT") modifications in Turkey.
Turkish VAT law imposes VAT on goods and services sold in Turkey, the most common rate being 18%.
Recently the VAT regulations (the "regulations") have been modified such that the exemptions allowable on the export of gold dore ("dore") have been removed. ...
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