Please provide various effective dates for formation and cessation of the tax group
Event | Scenario | Effective from |
---|---|---|
Formation of a tax group | An application filed for the formation of the tax group and approved by FTA | Beginning of the tax period specified in the application; or |
Beginning of any other tax period determined by the FTA | ||
New subsidiary Joining | An application filed by a new subsidiary to join the existing tax group and approved by the FTA | Beginning of the tax period specified in the application; or |
Beginning of any other tax period determined by the FTA | ||
Subsidiary exiting the tax group | An application filed by the subsidiary to exit the tax group and approved by the FTA | Beginning of the tax period specified in the application; or |
Beginning of any other tax period determined by the FTA | ||
The subsidiary no longer meets the conditions to be a member of the tax group | The subsidiary no longer meets the conditions to be a member of the tax group | |
Cessation of Tax Group | An application filed by the parent company to cease the tax group and approved by the FTA | Beginning of the tax period specified in the application; or |
Beginning of any other tax period determined by the FTA | ||
The parent company no longer meets the eligibility conditions to form the tax group | Beginning of the tax period in which the eligibility conditions to be a member of the tax group are no longer met |