Moreton Resources Ltd v Industry Innovation and Science Australia – ‘pilot plant’ was relevantly ‘experimental’ and remediating the failed plant was ‘supporting R&D activities’
The AAT has found that various activities in relation to the remediation of a underground coal gasification (Underground) site were “supporting R&D activities” for the purposes of the R&D tax offset. The facts were these. In or about 2006, the taxpayer set out to develop an Underground facility, comprising a gas processing plant and…