August, 2025

Media reports of large R&D Tax Dispute for ASX-listed agribusiness company

August 5th, 2025

Media reports have emerged this week of a multi-million-dollar tax dispute for R&D Tax Incentive claims made by Inghams Group Limited. The ABC has reported that: The company’s potential claim totals more than $50 million in taxpayer funds — which, in the context of $11.2 billion given out through the entire ATO program in 2021-22, is far from chickenfeed. It is understood to be about tax incentives claimed for research and development (R&D) around feed the animals eat. The tax […]

Read More

Media reports of an alleged ‘false mining operation’ involving large claims for GST and R&D Tax Offset reviews

June 4th, 2025

One of the major national newspapers has this week posted an article about a private group alleged to have operated a ‘false mining operation’ that led to the generation of substantial refunds for GST and Refundable R&D Tax Offset credits. Swanson Reed does not know specifics of this case other than what has been reported in the media and in the Federal Court’s published freezing and ancillary orders. The Federal Court order notes: “The Companies collectively claimed and received GST refunds and R&D offsets totalling […]

Read More

Federal court matter (December 2024) declares that respondent was a promoter of a tax exploitation scheme to secure R&D Tax Offset.

December 16th, 2024

A federal court case with judgement dated 16 December 2024 (with The Commissioner of Taxation as the Applicant and a number of parties as Respondents) has declared that respondents were promoters of tax exploitation schemes to secure R&D tax offsets pursuant to Division 355 of the Income Tax Assessment Act 1997 (Cth) for a number of companies. Very large penalties have been levied in the case and the liquidations of two entities listed as respondents were noted in the judgement as being on hold pending the outcome of […]

Read More

New Federal Court Decision re: Active Sports Management Pty Ltd finds R&D Activities not eligible

December 2nd, 2024

An AAT decision handed down in December 2023 (Active Sports Management Pty Ltd and Industry Innovation and Science Australia) previously found that activities in respect of development of a customised basketball shoe were not eligible under the R&D Tax Incentive. It was found in the AAT case that, “none of the Claimed Activities were core R&D activities within the meaning of subsection 355-25(1) of the ITAA 1997..” ACTIVE SPORTS MANAGEMENT PTY LTD applied to the federal court to appeal the decision and the Federal […]

Read More

Categories

Archives