Gold and Silver • KITCO FILES A CLAIM AGAINST THE AGENCE DU REVENU DU QUÉBEC
KITCO FILES A $122MILLION CLAIM AGAINST THE AGENCE DU REVENU DU QUÉBEC
PRESS RELEASE
For immediate publication
http://www.kitco.com/pr/1037/article_06072012161304.pdf
MONTREAL, QC, June 6th, 2012 Kitco Metals Inc. (Kitco) has filed a claim seeking damages against the
Agence du revenu du Québec (the “Quebec Revenue Agency” hereinafter “ARQ”) in the order of $122 million
in the Québec Superior Court today.
Kitco is seeking damages caused to the company following unjust actions committed by the Agence du revenu
du Québec agents since the ARQ decided to withhold input tax credits and input tax refunds payable to Kitco
which eventually led to the issuance of notices of tax assessments between November 2010 and February 2011
for substantial amounts of the goods and services tax (GST) and Québec sales tax (QST). The ARQ – by way of
its agents’ improper and inappropriate behavior and conduct – have caused substantial harm to the company’s
ongoing operations and development.
Kitco reiterates its position of categorical denial against the Agence du revenu du Québec’s contentions and – as
another step in its vigorous defense – finds itself with no other choice but to file the aforementioned claim.
About Kitco Metals Inc.
A Canadian corporation founded in 1977, Kitco Metals Inc. is an international company that has its
headquarters in Montreal and offices in New York, Hong Kong and Shanghai. Kitco is one of the largest
retailers of precious metals in the world, and a specialized supplier of refining services. Being one of few
authorized resellers of products made by some of the most prestigious government mints, the company provides
a vast array of gold, silver, platinum, palladium and rhodium products to tens of thousands of customers.
Considered to be the leading precious metals reference, Kitco’s website (http://www.kitco.com) is visited daily by
close to a million people around the world. Kitco has earned a solid reputation for itself as a leading innovator
in the industry, being the first precious metals company to carry out its activities online and to create real-time
market information applications for smart phones.
-30-
For more information:
Chantal Gauvin
Groupe GVM
514 843-4411 ext. 231
cgauvin@gvm.
Statistics: Posted by DIGGER DAN — Mon Jun 11, 2012 12:55 pm
View full post on opinions.caduceusx.com
Religion • Charles Street AME Church files for bankruptcy
Charles Street AME Church files for bankruptcy
Published : Wednesday, 21 Mar 2012
ROXBURY (FOX 25 / MyFoxBoston.com) – An historic Roxbury church is taking a drastic step in hopes of avoiding foreclosure.
The Charles Street African Methodist Episcopal Church reportedly filed for federal bankruptcy protection Tuesday night.
The move may prevent OneUnited Bank from auctioning off the church property Thursday.
The church and the bank have been in a bitter dispute over two loans totaling $4 million.
OneUnited moved to foreclose on the church when it failed to meet a $1 million balloon payment.
Read more: http://www.myfoxboston.com/dpp/news/loc … z1plmTbKyp
Statistics: Posted by yoda — Wed Mar 21, 2012 10:31 am
View full post on opinions.caduceusx.com
Firearms • Border Patrol Agent Brian Terry’s Family Files Lawsuit again
The family of murdered Border Patrol Agent Brian Terry has filed a $25-million lawsuit against the Bureau of Alcohol, Tobacco, Firearms and Explosives, claiming "negligence" and "a violation of ATF’s own policies and procedures" resulting in the death of their son.
A separate lawsuit against The Lone Wolf Trading Company stated that "but for defendants’ negligent and illegal sales … Brian Terry would not have been murdered."
Terry was killed when his unit was ambushed near the Arizona-Mexico border on the night of December 14, 2010. Two AK-47s found at the scene were part of an ATF gun-walking operation allowing the illegal purchase of weapons by straw buyers, who then sold them to a Mexican drug cartel.
Interviewed by Fox News in November, Terry’s mother expressed the general feeling of anyone now familiar with Fast and Furious.
If they never let the guns walk, maybe Brian would not have been out that day[.] … I just can’t believe our own government came up with a program like this that [let] innocent people get killed."
Attorney General Eric "My People" Holder, whose Department of Justice oversees the ATF, has claimed for over a year that he knew nothing about the logic-defying, deadly, and secretive program known as Fast and Furious. President Obama has shielded Holder from charges of perjury, obstruction, and conspiracy.
In October Obama stated that he has "complete confidence" in his Attorney General.
He has been very aggressive in going after gunrunning and cash transactions that are going to these transnational drug cartels in Mexico. He’s indicated he was not aware of what was happening in Fast and Furious. Certainly I was not.
And I think both he and I would have been very unhappy if somebody had suggested that guns were allowed to pass through that could have been prevented by the United States of America.
Agent Terry’s family, Agent Zapata’s loved ones, the Mexican government, and the American people deserve the truth. Justice must be served. The family’s legal action gives us hope that the guilty will finally be held responsible. After all, no one is above the law.
Read more: http://www.americanthinker.com/blog/201 … z1lE10fy9M
Statistics: Posted by yoda — Thu Feb 02, 2012 6:00 am
View full post on opinions.caduceusx.com
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_7a.gif)