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Group relief is a tax provision that allows companies within a corporate group to offset their profits and losses against each other for tax purposes. This means that a profitable company can relieve its tax burden by utilizing the losses of another group company, thereby reducing the overall tax liability for the group. Group relief typically applies to companies that are part of the same tax group, which usually requires them to be under common ownership. The rules and eligibility criteria for group relief can vary by jurisdiction.
What else can I help you with?
Is national relief group or uslmp a scam?
Yes
A relief worker needs to divide 360 bottles of water and 486 cans of food what is the largest number of relief supplies that can be put in each group?
To find the largest number of relief supplies that can be put in each group, we need to determine the greatest common divisor (GCD) of 360 and 486. The GCD of these two numbers is 18. Therefore, the largest number of relief supplies that can be put in each group is 18.
Which group of islands in the Caribbean experience relief rainfall?
The Greater Antilles
What group created relief organizations to help individuals?
mexicans and african americans
What group helped spark the organization of the populist party?
bankers and businessmen who wanted tax relief
What 1980s group did Bob Geldof organize to assist Ethiopian famine relief?
Band Aid
Which group created relief organizations to help individuals in the 1900s?
jewish americans and african americans
What has the author A V B Broke written?
A. V. B. Broke has written: 'Group and consortium relief'
Whose advice did FDR draw on to develop relief programs for the state?
FDR drew on the advice of a group of advisers known as the Brain Trust to develop relief programs for the state. This group consisted of economists, lawyers, and academics who provided him with expertise and guidance on economic and social issues.
What is a senate?
A senator is the person who works for the government they are the ones responsible for relief operations
What has the author Fabrizia Landi written?
Fabrizia Landi has written: 'Le temps revient' -- subject(s): Group work in art, Relief (Sculpture), Relief (Sculpture), Renaissance, Villa medicea (Poggio a Caiano, Italy)
How might a debt relief agency help someone?
The term "Debt Relief Agency" is applied very loosely. It can be any group or any one person who provides advice on debt. This definition was imposed by the Bankruptcy Act of 2005.
