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  R&D tax incentive Income tax 2013

R&D tax incentive and compliance for the resource sector

Source: Western Australia

Published Date: 18 Oct 2013

 

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On the surface, the transition from the R&D Tax Concession to the R&D Tax Incentive appears to be superficial, but changes to the definition of eligible R&D activities have caused headaches for companies in the resources sector. This paper provides a resources focused overview of the R&D Tax Incentive, as well as tips and traps for companies lodging R&D Tax Incentive applications.

Topics covered include:

  • the changed definition of eligible R&D activities
  • issues relating to the eligibility of mining and minerals processing trials
  • the treatment of foreign-owned R&D
  • the requirements for advance and overseas findings
  • the impact of the wider feedstock expenditure provisions
  • the challenges associated with the new compliance regime.
Author(s)

Individual Session

R&D tax incentive and compliance for the resource sector

Author(s): Steve Elias , Aaron Ng
Materials from this session:

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Details

  • Published By: Aaron Ng, Steve Elias
  • Published On:18 Oct 2013
  • Took place at:City West Receptions, Perth

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