Corporation Tax Act 2010 section 357BIA

Certain amounts not to be deducted from sub-streams at Step 4 of section 357BF

Section 357BIA prevents certain income-related payments from being deducted from relevant IP income sub-streams where doing so would distort the R&D fraction used in calculating Patent Box profits.

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.