Desalination Technology Pty Limited

Desalination Technology Pty Limited

This matter involves an application by a taxpayer to fund an appeal lodged by the Commissioner of Taxation from a decision of the AAT in favour of the taxpayer. The appeal involves questions of law only and relates to the meaning of the word “incurred” and the taxpayer’s eligibility to claim a refundable tax offset for R&D expenditure “incurred”. If the taxpayer is successful, the taxpayer and other entities related to the taxpayer will also be entitled to claim the refundable tax offset.

Proceedings

Court

Federal Court of Australia

Plaintiff/Applicant

Desalination Technology Pty Limited

Defendant/Respondent

Commissioner of Taxation