New FTA Business Restructuring Relief Guide | CTGBRR1

UAE, 17 April, 2024 : The Federal Tax Authority (FTA) has issued a new guide on Business Restructuring Relief in the UAE. 

The guide provides the readers with an overview of the following in respect of the Business Restructuring Relief:

•   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, and 
• interaction with other provisions of the UAE Corporate Tax Law.

Click link below to access the guide :

Business Restructuring Relief | CTGBRR1

Source : www.tax.gov.ae