Participation Exemption

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

Famous quotes containing the word exemption:

    “Every member of the family of the future will be a producer of some kind and in some degree. The only one who will have the right of exemption will be the mother ...”
    —Ruth C. D. Havens, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)