Long-term assets (“LTA”) and short-term assets (“STA”) are classified as long-term assets (“LTA”) and short-term assets (“STA”), respectively, based on the period of holding these assets from the date of acquisition to the date of transfer, and the gains may be taxable as short-term capital gains (“STCG”) or long-term capital gains (“LTCG”). https://corpzoventurespvtltd.wixsite.com/corpzo