Commentary

B5.325 Design royalties where the usual place of abode of the owner is abroad

Business tax
Business tax | Commentary

B5.325 Design royalties where the usual place of abode of the owner is abroad

Business tax | Commentary

B5.325 Design royalties where the usual place of abode of the owner is abroad

Payments of royalties and periodical sums in respect of design rights or rights in a registered design (see B5.323) must be made net of income tax (at the basic rate in force at the time when the payment is made) if the usual place of abode of the owner of the rights is outside the UK1; see further B5.317.

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