In order for a taxpayer to be considered a “share trader”, a person must establish that the share trading activities constitute the carrying on of a business.
Privately owned companies wanting to raise capital could benefit from listing their company on the stock exchange as an Initial Public Offer (IPO). Companies who can demonstrate a strong, sustainable track record of growth earnings backed by well protected Intellectual property, the benefits could be substantial. Greater marketability, financial benefits, higher credibility and media coverage […]