151 Allocation of expenditure
Corporation Tax Act 2009 (2009 c 4) | Legislation

151  Allocation of expenditure

(1)     This section applies in calculating for corporation tax purposes the profits or losses of a company from a trade if—

(a)     the trade consists of or includes the exploitation of original master versions of sound recordings, and

(b)     the original master versions do not constitute trading stock of the trade as defined by section 163.

(2)     Expenditure that—

(a)

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