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StatuteCorporation Tax Act 2009

Section 1216CE — Corporation Tax Act 2009: UK expenditure

Text of the provision Official document

UK expenditure 1216CE 1 At least 10% of the core expenditure on the relevant programme incurred—

a in the case of a British programme that is not a qualifying co-production, by the company, and b in the case of a qualifying co-production, by the co-producers, must be UK expenditure.

2 The Treasury may by regulations amend the percentage specified in subsection (1).

Official source: legislation.gov.uk

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