Increasing foreign investment in venture capital, particularly at the early and seed stages, could give industry and innovation the critical boost it needs, generating greater economic benefits to Australia including higher employment and more patents, according to one of the country’s fund managers.
This news brief highlights what action companies should take NOW to optimise the value they could obtain from the new R&D Tax Incentive. It also highlights the benefits and NEW FEATURES of the R&D Tax Incentive. It also compares benefits to the R&D Tax Concession, which it replaces.
This series of articles provides an overview of the more commonly accessed R&D Tax Incentives and Technology Commercialisation Grants:'¢ The R&D Tax Concession (which will draw to a conclusion as companies finalise their Applications and Tax Returns for the 2011 year of income);'¢ The new R&D Tax Incentive (replaces the R&D Tax Concession for years of income starting 1 July 2011 onwards); '¢ Commercialisation Australia Grants;'¢ Other Grants and Incentives. The discussion is limited to the key issues that would allow potential applicants to determine their potential eligibility and the benefits that could result.
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LOL. Read some history pal.
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