What is the maximum offset limit for losses in a UAE tax group? If a tax group has a taxable income of AED 10 million and unutilized brought forward losses of AED 20 million, how much of the losses can be offset?

What is the maximum offset limit for losses in a UAE tax group? If a tax group has a taxable income of AED 10 million and unutilized brought forward losses of AED 20 million, how much of the losses can be offset?

The maximum offset limit is 75% of the taxable income of the tax group for the relevant tax period. The maximum offset would be 75% of AED 10 million, which is AED 7.5 million