Tax Considerations
TAX CONSIDERATIONS – Investors who elect to take in-kind distributions (for example, in-kind distributions to the extent that an investment had made such a distribution to the Company of gold/silver that may be vaulted) in their original form may possibly be allowed the ability to defer taxes assessed against the asset until it is sold, and may possibly allow the investor to borrow against the asset tax-free.
This information is not to be construed as tax advice in any form. Tax consequences may vary, based upon the circumstances of an individual investor. Prospective investors are urged to consult their tax advisers with respect to the U.S. federal, state, and local and non-U.S. tax consequences of an investment in the Company.