ATO Issues Taxpayer Alerts on Incorrect R&D Claims

The Australian Taxation Office (ATO) has announced the release of two new taxpayer alerts on incorrect R&D claims that are attracting their attention.

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Updated guidance on R&D claims

We've released 2 new taxpayer alerts to warn entities and their advisers about our concerns regarding incorrect Research and Development (R&D) tax incentive arrangements we're reviewing. These alerts are about expenditure incurred to associated entities and activities conducted overseas for f…