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Gold One International not affected by proposed Resource Tax

Published: 18:24 10 May 2010 AEST

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Dual-listed gold producer, Gold One International Limited (ASX/JSE: GDO) has replied to shareholder queries on the the Australian Government's proposed Resource Super Profit Tax.

In a statement the miner said "the underlying intention of the RSPT is the levying of tax on profits arising from the exploitation of non-renewable resources located in Australia."

Gold One, due to the company not having any operational projects in Australia, does not expect to have increased taxation charges as a result of the RSPT.

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