B2.456 Patents, designs and trade marksFor corporation tax purposes, patents are within the definition of intangible fixed assets subject to the corporate intangible assets regime1, see Division D1.6.For income tax purposes a deduction is allowed for expenses incurred in obtaining, for the purposes of a trade, the grant of a patent, the extension of a patent's term2, or3: • the registration of a design or trade mark • the extension of a period for which the right in a registered design subsists or • the renewal of a registration of a trade mark.A deduction is also allowed in respect
For corporation tax purposes, patents are within the definition of intangible fixed assets subject to the corporate intangible assets regime1, see Division D1.6.
For income tax purposes a deduction is allowed for expenses incurred in obtaining, for the purposes of a trade, the grant of a patent, the extension of a patent's term2, or3:
• the registration of a design or trade mark
• the extension of a period for which the right in a registered design subsists or
• the renewal of a registration of a trade mark.
A deduction is also allowed in respect
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