For england what purpose did the colonies serve?

operation overlord was the codename for the battle of normandy, the allied operation that launched the successful invasion of german-occupied western europe during world war ii. the operation was launched on 6 june 1944 with the normandy landings

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.