From the AFR:
The innovation community is aghast that the new research and development (R&D) tax credit is being considered for cuts even before the end of its first year of operation on June 30.
The credit is one of the options that could go in order to fund a company tax cut, being considered by the federal government’s business tax working group.
…PwC tax partner Sandra Mason said it was premature to change the scheme before companies had filed even their first tax return and before there was any evidence of its effectiveness.
Sell them dirt!
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And not to be left out, for the miners out there:
