| Canada potash tax changes to cost Mosaic $80 mln-$100 mln -company | |
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March 30 (Reuters) - Changes to the Canadian province of Saskatchewan's potash production tax will cost U.S. fertilizer company Mosaic Co $80 million to $100 million in 2015, the company said on Monday. The province said earlier this month that it will require potash mining companies to take tax deductions based on their capital spending over two years, rather than two, as it looked to plug a hole in its budget. The move affects Mosaic and rivals Potash Corp of Saskatchewan and Agrium Inc. Potash Corp has said the changes will hurt its 2015 pre-tax earnings by C$75 million to C$100 million. (Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Grant McCool)
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Potash Corporation of Saskatchewan Inc.
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CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
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Potash Corp. is a producing company based in Canada. Potash Corp. is listed in Canada. Its market capitalisation is CA$ 21.7 billions as of today (US$ 17.2 billions, € 14.4 billions). Its stock quote reached its lowest recent point on March 24, 1995 at CA$ 10.00, and its highest recent level on September 21, 2007 at CA$ 99.07. Potash Corp. has 840 009 984 shares outstanding. |