Section 1217CE European expenditureF1F3
United Kingdom
At least 25% of the core expenditure on the video game incurred by the company must be F2European expenditure.
The Treasury may by regulations amend the percentage specified in subsection (1).
Annotations
Textual amendments
- F1
Pt. 15B inserted (17.7.2013 for specified purposes and 1.4.2014 in so far as not already in force) by Finance Act 2013 (c. 29), Sch. 17 paras. 1, 2; S.I. 2014/1962, art. 2(1)(2)
- F2
Words in s. 1217CE(1) substituted (31.12.2020) by The Taxes (Amendments) (EU Exit) Regulations 2019 (S.I. 2019/689), regs. 1, 16(24) (with regs. 39-41); 2020 c. 1, Sch. 5 para. 1(1)
- F3
Words in s. 1217CE heading substituted (31.12.2020) by The Taxes (Amendments) (EU Exit) Regulations 2019 (S.I. 2019/689), regs. 1, 16(24) (with regs. 39-41); 2020 c. 1, Sch. 5 para. 1(1)
Notes on EEA expenditure
Textual amendments
- F2
S. 1217CE cross-heading substituted (with effect in accordance with s. 34(8) of the amending Act) by Finance Act 2014 (c. 26), s. 34(6)(b)