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Section 110.6 of the Income Tax Act (ITA) allows 750,000 tax-free capital gains to people. This exemption is valid for that gain available for sale of shares of small enterprise i.e. "qualified small business corporation share", as defined by ITA S.110.6(1) to be considered as such, the business has got to meet several criteria: The technique of turning unprocessed trash into textiles contributes 1000s of chemicals to the environment. According to Earth Pledge however, nearly all a garment's carbon footprint occurs after it's purchased. Of course, several of these garments will probably be discarded and only trendier styles each time a new fashion season begins. To keep these clothes from selecting landfills some designers are recycling vintage looks into stunning new designs.