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The tax treatment of intangible assets is within CTA 2009, Pt 8. For convenience, the regime is referred to throughout this Division as the corporate intangible regime. Intangible asset has the meaning it has for accounting purposes and includes intellectual property and goodwill¹ although some assets are excluded from the regime, further details of the meaning of intangible assets is detailed in D1.602.

For times beginning on or after 1 July 2020 the regime applies to intangible fixed assets where:

1. Ìý

   •ÌýÌýÌýÌý the asset is created by the company after 1 April 2002

2. Ìý

   •ÌýÌýÌýÌý the asset was acquired by the company from an unrelated party during the period 1 April 2002 to 30 June 2020

3. Ìý

   •ÌýÌýÌýÌý the asset was acquired by the company during the period 1 April 2002 to 30 June 2020, from a related party, and:

4. 1. Ìý

      –ÌýÌýÌýÌý the asset was a chargeable intangible asset immediately before the acquisition

   2. Ìý

      –ÌýÌýÌýÌý the related party itself, or any other person, only created the asset after 31 March 2002, or

   3. Ìý

      –