What’s the difference between a ‘Qualifying Group’ and a ‘Tax Group’?
- A Qualifying Group is a bunch of companies or entities that might choose to move stuff like assets and debts between them without having to pay more taxes or lose money when they calculate how much tax they owe.
- A Tax Group, on the other hand, is a group of companies that have asked the Federal Tax Authority and got permission to act like they’re just one company when it comes to paying taxes.
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