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

Marketing assets return figure 357CN 1 The marketing assets return figure in relation to a trade of a company for an accounting period is— NMR − AMR where— NMR is the notional marketing royalty in respect of the trade for the accounting period (see section 357CO), and AMR is the actual marketing royalty in respect of the trade for the accounting period (see section 357CP).

2 Where—

a AMR is greater than NMR, or b the difference between NMR and AMR is less than 10% of the qualifying residual profit of the trade for the accounting period, the marketing assets return figure is nil.