Section 1179FP — Corporation Tax Act 2009: Costs and income of separate trade

Costs and income of separate trade 1179FP 1 This section applies for the purposes of section 1179BB as that section applies in relation to a video game.

2 Expenditure counts towards the costs of the video game if it is expenditure on—

a development activities in connection with the video game, or b activities with a view to exploiting the video game. 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Receipts count towards the income from the video game if they are receipts in connection with the production or exploitation of the video game, including—

a receipts from the sale of the video game or rights in it, b royalties or other payments for use of the video game, or aspects of it (for example, characters or music),

c payments for rights to produce games or other merchandise, and d receipts by way of a profit share agreement.