Section 357BK — Corporation Tax Act 2010: Marketing assets return figure

Marketing assets return figure 357BK 1 The marketing assets return figure for a relevant IP income sub-stream is— NMR − AMR where— NMR is the notional marketing royalty in respect of the sub-stream (see section 357BKA), and AMR is the actual marketing royalty in respect of the sub-stream (see section 357BKB).

2 Where—

a AMR is greater than NMR, or b the difference between NMR and AMR is less than 10% of the amount of the relevant IP income sub-stream following the deductions required by Step 4 in section 357BF(2), the marketing assets return figure for the sub-stream is nil.