Music Master Tape
14/08/1996
Query
Whether the exploitation by a record company of sound recordings by way of licence arrangements would qualify for manufacturing relief.
Decision
Allowed for usual form of licencing by independent record production companies. Payment based on each record sold. Does not relate to the copyright in the material featured. Arises from the copyright in the recording.
Corporation Tax
Section 443, Taxes Consolidation Act, 1997
Origin: Direct Taxes International and Administration
File ref:6421/95