Commentary

B3.615 Know-how qualifying expenditure

Business tax
Business tax | Commentary

B3.615 Know-how qualifying expenditure

Business tax | Commentary

Know-how

B3.615 Know-how qualifying expenditure

Know-how is defined as any industrial information and techniques likely to assist in the manufacture or processing of goods or materials, or in the working of a mine, oil well or other source of mineral deposits (including the searching for, discovery or testing of deposits or the winning of access thereto), or in the carrying out of any agricultural, forestry or fishing operations1.

Mineral deposits includes any natural deposits capable of being lifted or extracted from the earth and for this purpose geothermal energy is to be treated as a natural deposit. A source of

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial