357BKA(1)  The notional marketing royalty in respect of a relevant IP income substream is the appropriate percentage of the income allocated to that sub-stream at Step 2 in section 357BF(2).

357BKA(2)  The “appropriate percentage” is the proportion of that income which the company would pay another person (“P”) for the right to exploit the relevant marketing assets in the accounting period concerned if the company were not otherwise able to exploit them.

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