The Corporation Tax Act 2010 (Profits Arising from the Exploitation of Patents) Foreign Taxes Designation Regulations 2016

• Citation: S.I. 2016/1181
• Sections: 2

Section 1 Citation and commencement

(1) These Regulations may be cited as the Corporation Tax Act 2010 (Profits Arising from the Exploitation of Patents) Foreign Taxes Designation Regulations 2016.

(2) These Regulations come into force on 31st December 2016.

Section 2 Designation of foreign taxes

The following foreign taxes are designated for the purposes of section 357BP of the Corporation Tax Act 2010—

(a) in the Kingdom of Belgium, Corporate Income Tax,

(b) in the People’s Republic of China, Corporate Income Tax,

(c) in the Republic of Colombia, Corporate Income Tax,

(d) in the Republic of Cyprus, Corporate Income Tax,

(e) in the French Republic, Corporation Tax,

(f) in the Republic of Hungary, Corporate Income Tax,

(g) in the State of Israel, Company Tax,

(h) in the Italian Republic, Corporate Income Tax,

(i) in the Republic of Korea, Corporate Income Tax,

(j) in the Principality of Liechtenstein, Corporate Income Tax,

(k) in the Grand Duchy of Luxembourg, Corporation Tax,

(l) in the Republic of Malta, Corporate Income Tax,

(m) in the Kingdom of the Netherlands, Corporate Income Tax,

(n) in the Portuguese Republic, Corporate Income Tax,

(o) in the Kingdom of Spain, Corporation Tax,

(p) in the Swiss Confederation, in the canton of Nidwalden, Cantonal Income Tax, and

(q) in the Republic of Turkey, Corporation Tax.