Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 355 - Research and Development  

Subdivision 355-B - Meaning of R & D activities and other terms  

SECTION 355-30   Supporting R & D activities  

355-30(1)  
Supporting R & D activities are activities directly related to *core R & D activities.

355-30(2)  
However, if an activity:


(a) is an activity referred to in subsection 355-25(2) ; or


(b) produces goods or services; or


(c) is directly related to producing goods or services;

the activity is a supporting R & D activity only if it is undertaken for the dominant purpose of supporting *core R & D activities.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.