On 9 February 2017, the Australian Taxation Office (ATO) and the Department of Industry, Innovation and Science jointly issued two taxpayer alerts concerning claims for the R&D Tax Incentive for construction activities and claims for ordinary business activities.
TA 2017/2 - Claiming the Research and Development Tax Incentive for construction activities
The ATO and AusIndustry are reviewing the arrangements of certain building and construction industry participants that are claiming …