Corporation Tax Act 2009 section 879N

When the partial restrictions apply: acquisition from individual or firm

Section 879N sets out when a partial restriction on tax deductions applies where a company acquires a relevant intangible asset (such as goodwill) from a related individual or firm that had previously bought the asset from a third party.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.