Last week, we alerted you to the Review of the R&D Tax Incentive (the Review) as part of the National Science And Innovation Agenda (the Agenda) and to the fact that the Review Chairs have released an Issues Paper to assist stakeholders who wish to provide additional input to the Review. (For more information or to view the Issues Paper visit…
The recent AAT decision, JLSP and Innovation Australia  AATA 23 (22 January 2016) http://www.austlii.edu.au/au/cases/cth/AATA/2016/23.html, is the first decision on the definition of R&D since the R&D Tax Incentive (the Incentive) provisions were introduced in 2011. This decision confirms that R&D can be undertaken in a commercial context and it is possible to have a business as usual activity that is…
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