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Legislation
Corporation Tax Act 2009

Chapter 13 Disposal and acquisition of know-how

  • Section 176 Meaning of “know-how” etc
  • Section 177 Disposal of know-how if trade continues to be carried on
  • Section 178 Disposal of know-how as part of disposal of all or part of a trade
  • Section 179 Seller controlled by buyer etc
  1. Chapter 13 · Disposal and acquisition of know-how
  2. Seller controlled by buyer etc

Section 179 | Seller controlled by buyer etc

From legislation.gov.uk

(1)This section applies if a disposal of know-how is by way of sale and—

(a)the seller is a body of persons over which the buyer has control,

(b)the buyer is a body of persons over which the seller has control, or

(c)both the seller and the buyer are bodies of persons and another person has control over both of them.

(2)In such a case—

(a)section 177 does not apply, and

(b)no election may be made under section 178.

(3)For the purposes of this section “body of persons” includes a firm.

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