The FTA has published Corporate Tax Guide on Business Restructuring Relief

The FTA has published Corporate Tax Guide on Business Restructuring Relief

The document provides readers with an overview of:

* Transactions covered within scope of the relief

* Conditions to be eligible for the relief

* Consequences of electing for the relief 

* Circumstances when the relief will be clawed back and consequences of clawback of the relief

* Compliance requirements,

* Interaction with other provisions of the UAE Corporate Tax Law

The guide is intended to be read in conjunction with the Corporate Tax Law, the implementing decisions.

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