October, 2019

Real Energy Corporation Limited provides update on status of R&D Dispute

October 8th, 2019

Within its recently released annual report, Real Energy Corporation Limited (ASX: RLE) has provided an update on the status of the company’s dispute with AusIndustry/ISA over the eligibility of its R&D activities. The company had previously received an adverse finding for the company’s R&D Tax Registrations during the FY14, FY15 and FY16 periods, with corresponding tax offsets in dispute totaling around $7.2M. RLE had appealed the adverse findings to the Administrative Appeals Tribunal (AAT) as was previously reported to the market […]

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