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

    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
       

    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.

    Last modified: 01 Jun 2011QC 24211