Tax Laws Amendment (Research and Development) Bill 2010 [Provisions] and
Income Tax Rates Amendment (Research and Development) Bill 2010 [Provisions]

15 June 2010

© Commonwealth of Australia 2010
ISBN 978-1-74229-327-1

View the report as a single document - (PDF 1254KB)

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View the report as separate downloadable parts:

Membership of Committee	(PDF 10KB)
Summary and Recommendations	(PDF 37KB)
Chapter 1 - Tax Laws Amendment (Research and Development) Bill 2010 Income Tax Rates Amendment (Research and Development) Bill 2010	(PDF 47KB)
Background Conduct of the inquiry Structure of the report
Chapter 2 - Research and Development Tax Incentive	(PDF 248KB)
The existing R&D tax concession Rationale for the proposed changes Role of AusIndustry/Innovation Australia Consultation undertaken and changes made Earlier studies Research and development in Australia Sources: ABS, Research and Experimental Development, Business 2007-08, cat. No. 8104.0, p. 12. International comparisons of R&D assistance
Chapter 3 - The Economics of Innovation and R&D	(PDF 115KB)
Innovation and productivity R&D and innovation International comparison of Australia's R&D Australia as a base for R&D Alternative views on R&D assistance
Chapter 4 - Criteria for Evaluating R&D Assistance	(PDF 115KB)
Public spillover benefits Additionality Assistance to larger versus small companies Assistance for research versus development Grants versus tax concessions
Chapter 5 - Eligible Expenditure	(PDF 146KB)
Introduction What are 'R&D entities'? What are 'R&D activities'? Intellectual Property and Software
Chapter 6 - Complexity and changes	(PDF 79KB)
Complexity and compliance costs Calls for delay
Chapter 7 - Administrative and transitional measures	(PDF 59KB)
Administration Transitional measures Drafting comments
Chapter 8 - Estimated impacts of the bill	(PDF 98KB)
The impact on usage of the scheme Estimated economic impact Will the bill be revenue-neutral?
Dissenting Report by Coalition Senators	(PDF 197KB)
Consultation Definitions of ‘core’ and ‘supporting’ R&D Eligibility Criteria Object Clause Intellectual Property Conclusion
APPENDIX 1 - Submissions Received	(PDF 10KB)
APPENDIX 2 - Public Hearings and Witnesses	(PDF 11KB)
CANBERRA, 20 May 2010 SYDNEY, 21 MAY 2010
APPENDIX 3 - Drafting comments	(PDF 12KB)
Glossary	(PDF 11KB)

For further information, contact:

Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone:	+61 2 6277 3540
Fax:	+61 2 6277 5719
Email:	economics.sen@aph.gov.au