[F1357CPActual marketing royaltyU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)The actual marketing royalty in respect of a trade of a company for an accounting period is X% of 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)were brought into account as debits in calculating the profits of the trade for the accounting period.
(2)In this section—
“relevant marketing assets” has the same meaning as in section 357CO, and
“X%” is the percentage given by Step 2 in section 357C(1).]
Textual Amendments
F1Pt. 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)