Читать книгу Ultimate guide on GCC Taxation - Павел Игоревич Герасимов - Страница 24

A taxpayer may carry forward operational losses, as adjusted, to the years following the loss year until the cumulative loss is fully offset. The maximum profit percentage of any year that could be used to offset cumulative losses should not exceed 25 % of the year’s taxable profit as reported in the taxpayer’s return. Carryback of losses is not allowed.