What was the reason for the Sugar Act of 1764? A .To pay the Native Americans for fighting in the French and Indian War.

B. To pay for war debts

C. To prevent colonist from moving west of the Appalachian Mountains

to pay for war debts

Explanation:

to put it simply, britain was broke A.F after the french and indian war, so to get they bank up, they taxed america with multiple taxes on alot of british imported items.  

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.

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