Question
XYZ Company is a Canadian manufacturer. If XYZ acquires shares of another Canadian company engaged in an unrelated business, holds the shares for 6 months,
XYZ Company is a Canadian manufacturer. If XYZ acquires shares of another Canadian company engaged in an unrelated business, holds the shares for 6 months, and sells them at a gain, the gain on the sale is treated as ________.
Choose the correct answer.
A.
capital gains
B.
property income
C.
business investment income
D.
business income
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Empirical Studies On Economics Of Innovation Public Economics And Management
Authors: Mehmet Huseyin Bilgin, Hakan Danis, Ender Demir, Ugur Can
1st Edition
3319501631, 9783319501635
