PART IV PROVISIONS RELATING TO THE SCHEDULE D CHARGE
C1CHAPTER V COMPUTATIONAL PROVISIONS
Annotations:
Modifications etc. (not altering text)
Deductions
83 Patent fees etc. and expenses.
M1Notwithstanding anything in section 74, in computing the F3profits of a trade F4for the purposes of corporation tax there may be deducted as expenses any fees paid or expenses incurred—
C2a
in obtaining for the purposes of the trade the grant of a patent, an extension of the term of a patent, the registration of a design or trade mark, F1an extension of the period for which the right in a registered design subsists or the renewal of registration of a trade mark, or
b
in connection with a rejected or abandoned application for a patent made for the purposes of the trade.
F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
See—1979(C) s.122—election to take capital gain or loss into account when asset appropriated to stock in trade.1989 ss.67-74—employee share ownership trusts.Banking Act 1987 (c.22) s.66—contributions to the Deposit Protection Fund.