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Taxes Consolidation Act, 1997 (Number 39 of 1997)


769N Application of Part 35A.

Where a relevant company is a company to which Part 35A applies, then section 835D shall apply, with any necessary modifications, to:

(a)determining the market value of the intellectual property, as required by the definition of acquisition costs;

(b)apportioning income, as required in the definition of ‘overall income from the qualifying asset’;

(c)apportionments of research and development activities as required in the definition of ‘qualifying expenditure on the qualifying asset’;

(d)any apportionments required under section 769I; and

(e)any apportionments required under section 769O.




Inserted by FA15 s32(1)(a). Comes into operation on 1 January 2016.