Corporation Tax Act 2010 section 357CF

Mixed sources of income

Section 357CF previously dealt with the treatment of mixed sources of income under the Patent Box regime, but was removed from the legislation with effect from 15 September 2016.

• Section 357CF addressed how companies should handle income derived from a mixture of patented and non-patented sources within the Patent Box regime.
• The section was omitted from the Corporation Tax Act 2010 by Finance Act 2016, Schedule 9, paragraph 6.
• The removal took effect from 15 September 2016 as part of broader reforms to the Patent Box provisions.
• Companies with accounting periods spanning 15 September 2016 should take care to apply the correct rules for the relevant portions of that period.