Not exact matches
When Atlantic Canada's biggest lumber company, J.D. Irving Ltd., was assessed a duty of only 3 per
cent, the Chronicle Herald described the sanction as an «opportunity» for the company to
gain market share at the expense of its more heavily taxed Canadian rivals.
Companies having
gained market shares were Bajaj Allianz, at 0.48 per
cent, followed by HDFC Chubb at 0.18 per
cent and Reliance General at 0.04 per
cent.
The
gain, which is based on the difference between the cost of the
shares and the deemed fair
market value, is subject to tax on 50 per
cent of the
gain taxable at your own rate of taxation in the year the
shares were gifted or were sold below fair
market value.