- I literally quoted two different laws that outline TH as gambling.
But let's just ignore that, right?
- 'In my humble opinion',
clearly
, did not relate to any law, I am sad you failed to see that.
- Limits for claiming capital loss depends on the country, as a matter of
actual
fact, in some bilateral agreements a company could even claim a reduction for the capital loss TWICE.
I assume you mean a cap on profits, and not capital (equity), flowing from these certain activities. A cap would not work because: companies could probably just split up into different subsidiaries to avoid the cap + it would limit this industry, which is not the goal of any governement. The goal is to regulate it, not remove it.
A better solution would probably be to tax it at a different rate.
23-Aug-2019 21:08:13
- Last edited on
23-Aug-2019 21:21:08
by
Torgi Nudho