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.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Corporation Tax Act 2010 section 357BM
Profits arising before grant of right
Section 357BM allows a company that holds (or would have held) a qualifying IP right or exclusive licence to elect that an additional amount is added to its relevant IP profits in the accounting period when the right is granted, to reflect profits that arose before the grant.
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.