What is the difference between a colony and a sphere of influence?

Explanation:

A colony is a country invaded by a larger power which sets up its own government in the colony headed by a Governor General or viceroy. A sphere of influence is a region when one country has the strongest influence, sometimes forced by military intervention over the countries in that region.

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.

pope john paul ii ( his real name is karol wojtyla) and lech walesa ( the leader of the solidarity movement ) were both born in poland.