Part 5Miscellaneous income
Chapter 2Receipts from intellectual property
Sales of patent rights
595Deduction of tax from payments to non-UK residents
1
This section applies if a person who is a non-UK resident is liable to tax under section 587 on profits from the sale of the whole or part of any patent rights.
2
The rules in section 588 allowing the capital cost (if any) of the rights sold to be deducted in calculating the profits from the sale do not affect the amount of income tax which F1is to be deducted under section 910 of ITA 2007
3
No election made by the seller under section 591(2) or 592(2) (election for spreading) in relation to the proceeds of sale or any instalment affects the amount of income tax which F2is to be deducted under section 910 of ITA 2007
a
deducted from the proceeds of sale or instalment under section 349(1) of ICTA, and
b
assessed under section 350 of that Act.