Corporation Tax Act 2010 section 357CJ

Routine deductions

Section 357CJ previously dealt with routine deductions within the Patent Box regime but has been removed from the legislation.

  • Section 357CJ originally formed part of the Patent Box provisions in the Corporation Tax Act 2010, addressing routine deductions in the calculation of Patent Box profits.
  • The section was omitted in its entirety by Finance Act 2016, Schedule 9, paragraph 9.
  • The removal took effect from 15 September 2016.
  • Any calculations previously governed by this section are now addressed through the revised Patent Box framework introduced by the same Finance Act 2016 reforms.

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