Chapter CA75030

CourtHM Revenue & Customs
Record NumberCA75030
Published date16 April 2016
CAA01/S466, CAA01/S482

A person who acquires a licence in respect of a patent is treated as buying patent rights. This lets a person who acquires a licence in respect of a patent claim capital allowances because the person is treated as buying patent rights.

The grant of a licence is treated as a sale of patent rights and the legislation about the sale of patent rights applies. The grant of a licence that gives exclusive rights for the remainder of the term of the patent rights is treated as a sale of the whole of the patent rights. There is guidance on sales at CA75200.

When the Crown...

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