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Senate committee suggests separate R&D tax incentive for software

Senate committee suggests separate R&D tax incentive for software

A Senate committee into fintech and regtech has urged the government to introduce quarterly R&D tax payments for technology firms, along with new requirements that would force listed companies to disclose post-capital raising.

by Shared by Accountants Daily | 4 May, 2021

The select committee on financial technology and regulatory technology last week released its second report on how the federal government could better support research and development (R&D) activities across the technology sector, specifically related to software and blockchain.