The following provisions apply to any payment made in a tax year1 where condition A or condition B is met2.
Condition A is that:
(1) the payment is a royalty3, or a payment of any other kind, for the use of, or the right to use, intellectual property4;
(2) the usual place of abode of the owner of the intellectual property is outside the United Kingdom; and
(3) the payment is charged to income tax or corporation tax5.
Condition B is that:
(a) the payment is a payment of sums payable periodically in respect of intellectual property;
(b) the person entitled
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