Section 912 — Corporation Tax Act 2009: Charge to tax on profits from sales of patent rights

Charge to tax on profits from sales of patent rights 912 1 The charge to corporation tax on income applies to profits from sales by a company of the whole or part of any patent rights.

2 Subsection (1) applies in the case of a non-UK resident company if the patent is granted under the laws of the United Kingdom.

3 In this Chapter “ patent rights ” means the right to do or authorise the doing of anything which, but for the right, would be an infringement of a patent.