Commentary

D7.5141 Group relief

Corporate tax
Corporate tax | Commentary

D7.5141 Group relief

Corporate tax | Commentary

D7.5141 Group relief

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

Group relief can only be claimed against a company's taxable trading profits (not the policy holder's share of relevant profits)1.

When establishing the amount of group relief available, the same principles detailed at Division D2.2 apply (although small technical changes have been made by regulations to reflect the particular tax treatment of this type of trade)2. In particular when establishing the amount of foreign losses that

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