Moreton Resources Ltd (currently under external administration per ASIC records) has been involved in several cases heard in the AAT and federal court regarding disputes over the company’s significate refundable R&D Tax Offset claims.
Moreton Resources Ltd has also been one of the few companies to have attained a favourable outcome in a dispute with the R&D Tax regulators in recent years.
The company has been involved in new AAT case recently (Moreton Resources Ltd and Commissioner of Taxation (Taxation) [2024] AATA 1157 (16 April 2024)).
The case appears to involve administrative and procedural issues rather than deciding on any matters associated with eligible R&D Activities or expenditure.
Please get in touch with our office if you would like to speak to someone about a potential R&D claim, or check out our website for more information.