• Item 3

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Grants and recoupments attributable to expenditure on foreign owned R&D

    At F item 3 show the total amount of government grants and recoupments attributable to expenditure on foreign owned R&D.

    Attention

    The amounts included at A item 2 and F item 3 are used to calculate the relevant expenditure to be used in determining entitlement to the Australian owned R&D - extra incremental 50% deduction and the Foreign owned R&D - extra incremental 75% deduction on the Company tax return 2011. If you are not claiming any of these deductions, you do not need to complete A item 2 or F item 3. For more information about the effect of grants on the calculation of your entitlement to either of these deductions, see Guide to the R&D tax concession.

    End of attention
    Last modified: 01 Jun 2011QC 24211