On 3 April 2024, the UAE Federal Tax Authority (FTA) published the Corporate Tax Guide on Qualifying Group Relief - CTGQGR1. The relief allows assets or liabilities to be transferred between two taxable persons that are members of the same qualifying group without creating a gain or loss for corporate tax purposes. The purpose of the guide and who should read it are summarized as follows: --- Purpose of this guide This guide is designed to provide general guidance on the Qualifying Group Relief available under Article 26 of the UAE Corporate Tax Law. The guide provides the readers with...