36According to the case-law of the Court, the mere acquisition, holding and sale of shares in a company do not, in themselves, amount to an economic activity within the meaning of the Sixth Directive, since the mere acquisition of financial holdings in other undertakings does not amount to the exploitation of property for the purpose of obtaining income therefrom on a continuing basis. Any dividend yielded by that holding is merely the result of ownership of the property (see, to that effect, Case C-60/90 Polysar Investments Netherlands [1991] ECR I-3111, paragraph 13; Case C-142/99 Floridienne and Berginvest [2000] ECR I-9567, paragraphs 17 and 22; Case C-16/00 Cibo Participations [2001] ECR I-6663, paragraph 19; and Case C-496/11 Portugal Telecom [2012] ECR, paragraph 32 and the case-law cited).
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