32The mere acquisition and the mere holding of shares are not to be regarded as economic activities within the meaning of the Sixth Directive, conferring on the holder the status of taxable person. A mere financial holding in other undertakings does not amount to the exploitation of property for the purpose of obtaining income therefrom on a continuing basis because any dividend yielded by that holding is merely the result of ownership of the property (see Case C-333/91 Sofitam [1993] ECR I-3513, paragraph 12; Case C-80/95 Harnas & Helm [1997] ECR I-745, paragraph 15; and Cibo Participations, paragraph 19).
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