Corporation Tax Act 2009 section 879O

The partial restrictions on debits

Section 879O sets out how tax relief debits for certain intangible fixed assets (such as goodwill) are partially restricted when a company's expenditure on those assets exceeds specified thresholds linked to qualifying IP expenditure or prior third-party acquisitions.

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.