C1Part 15Deduction of income tax at source
Annotations:
Modifications etc. (not altering text)
Chapter 8Chapters 6 and 7: special provision in relation to royalties
Deduction at special rates
913Interpretation of sections 911 and 912
1
In sections 911 and 912 “royalty” includes—
a
a payment received as consideration for the use of, or the right to use, a copyright, patent, trade mark, design, process or information, and
b
the proceeds of the sale of the whole or part of any patent rights.
2
In sections 911 and 912 “payee” means the person beneficially entitled to the income in respect of which the payment is made.
Pt. 15 modified (with effect in accordance with s. 1329(1) of the amending Act) by Corporation Tax Act 2009 (c. 4), ss. 551(4), 1329(1) (with Pts. 1, 2, Sch. 2 para. 78)