Quarterly payments of Australian R&D Tax incentive stalled in review
Trade group AusBiotech has urged Australia’s Coalition Government to deliver on its pro-business rhetoric and pass the R&D Tax Incentive’s quarterly payments legislation.
The much-anticipated measure has been earmarked as “further consultation required” in Treasurer Jo Hockey’s plan to deal with the backlog of unlegislated tax measures: “Restoring Integrity in the Australian Tax System”.
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