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Table 5: Calculation of the reduced expenditure on foreign owned R&D for Y0 year of income

Last updated 31 May 2011

   

Company 1

Company 2

Company 3

Foreign owned R&D expenditure from part A of the Research and development tax concession schedule 2011 (step 3.1.1)

   

A

$

$

$

Adjustments to foreign owned R&D expenditure (step 3.1.2)

B

$

$

$

Expenditure on foreign owned R&D (A + B)

C

$

$

$

Receipt of grants - initial clawback amount attributable to incremental expenditure (step 3.1.3)

D

 

$

$

$

Reduced expenditure on foreign owned R&D (step 3.1.4)

(C - D) (Write 0 if negative.)

E

 

$

$

$

Transfer the amount at E for each company to:

 

Note: If you are grouped with more than three companies, you will need to complete additional copies of table 5. Also, if you did not have a nil expenditure year for the Y-1, Y-2 and Y-3 years, you will need to use additional copies of this table when completing step 3.3.2.

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