Corporation Tax Act 2010 (c. 4)

[F1 PART 8A U.K. Profits arising from the exploitation of patents etc

Textual Amendments

F1 Pt. 8A inserted (with effect in accordance with Sch. 2 paras. 7, 8 of the amending Act) by Finance Act 2012 (c. 14), Sch. 2 para. 1(1)

[F2 CHAPTER 2A U.K. Relevant IP profits: cases mentioned in section 357A(6)

Textual Amendments

F2 Pt. 8A Chs. 2A, 2B inserted (with effect in accordance with s. 64(7) of the amending Act) by Finance Act 2016 (c. 24), s. 64(3)

Marketing assets return figure U.K.

357BKB Actual marketing royalty U.K.

(1) The actual marketing royalty for a relevant IP income sub-stream is the aggregate of any sums which—

(a) were paid by the company for the purposes of acquiring any relevant marketing assets or the right to exploit any such assets, and

(b) have been allocated to the sub-stream at Step 3 in section 357BF(2).

(2) In this section “relevant marketing asset” has the same meaning as in section 357BKA.]]