Commentary

D1.629A Corporate intangible regime—debits in relation to goodwill and customer-related assets

Corporate tax
Corporate tax | Commentary

D1.629A Corporate intangible regime—debits in relation to goodwill and customer-related assets

Corporate tax | Commentary

D1.629A Corporate intangible regime—debits in relation to goodwill and customer-related assets

There have been several changes to the deductibility of debits in relation to goodwill and other customer related assets since the corporate intangible regime was introduced. This commentary summarises what assets the restrictions relate to and what relief is available.

It is expressly stated that the corporate intangible regime applies to goodwill, including internally generated goodwill and goodwill is defined as having the same meaning as for accounting purposes1. However this inclusion in the regime is then subject to any indication to the contrary and specifically to the restrictions on goodwill and certain other assets

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