Section 357BK | Marketing assets return figure ^F1F2

From legislation.gov.uk

15 September 2016

(1)The marketing assets return figure for a relevant IP income sub-stream is—^F1F2

Formula

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—^F1F2

(a)AMR is greater than NMR, or^F1F2

(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),^F1F2

the marketing assets return figure for the sub-stream is nil.