Examples of Group Relief in a sentence
It is also Group policy not to reimburse entities for Group Relief surrendered unless, on a stand-alone basis and assuming the entity were not in the Group, those losses are judged to have value to the entity generating the loss.
A claim to Group Relief shall be made in accordance with the provisions of the Tax Rules (TAX 9).
Group Relief shall be available where the Surrendering Entity and the Claimant Entity are both members of the same Group.
If the Tax Department discover that any Group Relief which has been given is, or has become, excessive they may make an assessment to tax in the amount which in their opinion ought to be charged.
A payment for Group Relief, up to the amount of that relief, shall not be taken into account in computing Chargeable Profits or tax losses of either the Surrendering Entity or the Claimant Entity.