/gruːp rɪˈliːf/ – Phrase
Definition: Chính sách thuế cho phép các công ty trong một nhóm kinh doanh chia sẻ các khoản lỗ hoặc lợi nhuận để giảm tổng số thuế phải trả.
A more thorough explanation: a system which considers group companies as one single company, under which unused capital allowancestrade lossesdonations of the current year of one company can be deducted from the assessable income of one or more other companies of the same group
Example: The claims for relief were rejected on the ground that group relief could only be granted for losses recorded in the United Kingdom.