R&D Tax Incentive - Review of the dual-agency administration model

KPMG's submission on the Board of Taxation’s review of the dual-agency administration model for the Research and Development Tax Incentive.

KPMG welcomes the Board of Taxation’s focus on evaluating the Research and Development Tax Incentive (R&DTI) dual-agency administration model, given the importance of this incentive to Australian productivity. The Review seeks to identify opportunities to reduce duplication, simplify administrative processes and reduce compliance costs between the administrators: the Australian Taxation Office (ATO), Industry Innovation and Science Australia (IISA) and the Department of Industry, Science...

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Authors: Alex Demetriou, Kristina Kipper,

Published Date: 08 November 2021