Section 1217QC — Corporation Tax Act 2009: Income from the production

Income from the production 1217QC 1 References in this Chapter to income from a production of a concert or concert series are to any receipts by the company in connection with the production or exploitation of the concert or concert series.

2 This includes—

a receipts from the sale of tickets or of rights in the concert or concert series;

b royalties or other payments for use of the concert or concert series;

c payments for rights to produce merchandise;

d receipts by the company by way of a profit share agreement.

3 Receipts that (apart from this subsection) would be regarded as being of a capital nature are treated as being of a revenue nature.