Reflections on the need for Real Time Claims

Georgia King-Siem discusses R&D tax claims, against the backdrop of a recent Full Federal Court decision.

Over the last few years, there have been a number of cases in relation to the R&D Tax Incentive. Almost all have favoured Innovation and Science Australia’s (ISA) interpretation of the legislation. However, in Moreton Resources v Innovation & Science Australia [2019] FCAFC 120, the Full Federal Court held that ISA’s interpretation of the legislation was overly narrow. This is an important decision as it obliges ISA to reassess its approach and take a broader view of key terms such as ...

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Authors: Georgia King-Siem

Published Date: 03 September 2019