# Taxation (International and Other Provisions) Act 2010, Section 408: Excluded relevant intangibles debits and excluded relevant intangibles credits


(1) For the purposes of section 407 (and this section)—
(a) a debit is a “relevant intangibles debit” if it is brought into account under a provision of Part 8 of CTA 2009 (intangible fixed assets) that is listed in column 1 of the following table;
(b) a relevant intangibles debit is “excluded” to the extent indicated in the corresponding entry in column 2 of the table.
Provision
Excluded debits
section 729
excluded in full
section 731
excluded in full
section 732
excluded if and to the extent that its amount is determined by reference to an excluded intangibles credit
section 735
excluded in full
section 736
excluded in full
section 872
excluded in full
section 874
excluded in full
(2) For the purposes of section 407 (and this section)—
(a) a credit is a “relevant intangibles credit” if it is brought into account under a provision of Part 8 of CTA 2009 (intangible fixed assets) that is listed in column 1 of the following table;
(b) a relevant intangibles credit is “excluded” to the extent indicated in the corresponding entry in column 2 of the table.
Provision
Excluded credits
section 723
excluded if and to the extent that its amount is determined by reference to excluded intangible debits and excluded intangible credits
section 725
excluded if and to the extent that its amount is determined by reference to an excluded intangibles debit
section 735
excluded if and to the extent that the cost of the asset in question exceeds its tax written-down value
section 872
excluded in full
section 874
excluded in full
(3) In the table in subsection (2)—
(a) “tax written-down value” has the same meaning as in Part 8 of CTA 2009 (see Chapter 5 of that Part);
(b) “the cost of the asset” has the same meaning as in section 736 of that Act.

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Source: https://www.legislation.gov.uk/ukpga/2010/8/section/408 (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-408
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.