Corporation Tax Act 2009 section 844

Overview of Chapter

Section 844 provides a roadmap to the special rules in Chapter 13 that govern how transactions involving intangible fixed assets between related parties are treated for corporation tax purposes.

• Transfers of intangible fixed assets between a company and a related party are treated as taking place at market value (sections 845 to 849A)
• The grant of a licence or other right over an intangible fixed asset between a company and a related party is also treated as being at market value (sections 849AB to 849AD)
• Additional rules apply to other transactions involving related parties, including restrictions on roll-over relief and delayed royalty payments (sections 850 and 851)
• The definition of "related parties" is found separately in Chapter 12 of Part 8