Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 355.30

Supporting R&D activities

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

             (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.



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