Section 1217B — Corporation Tax Act 2009: Activities of video games development company treated as a separate trade

Activities of video games development company treated as a separate trade 1217B 1 This Chapter applies for corporation tax purposes to a company that is the video games development company in relation to a qualifying video game.

2 The company's activities in relation to the video game are treated as a trade separate from any other activities of the company (including any activities in relation to any other qualifying video game).

3 In this Chapter the separate trade is called “the separate video game trade”.

4 The company is treated as beginning to carry on the separate video game trade—

a when the design of the video game begins, or b if earlier, when any income from the video game is received by the company.

5 In this section “ qualifying video game ” means a video game in relation to which the conditions for video games tax relief are met (see section 1217C(2)).