Participation exemption is a general term relating to an exemption from taxation for a shareholder in a company on dividends received, and potential capital gains arising on the sale of shares.
Read more about Participation Exemption: Background, Participation Exemption Regimes, Mechanism, Alternatives To Participation Exemption, See Also
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“Extemporaneous speaking should be practised and cultivated. It is the lawyer’s avenue to the public.... And yet there is not a more fatal error to young lawyers than relying too much on speechmaking. If any one, upon his rare powers of speaking, shall claim an exemption from the drudgery of the law, his case is a failure in advance.”
—Abraham Lincoln (1809–1865)