Document ID: chunk:federal_register_of_legislation:C2011C00519:clause:11_8:p3
Version: federal_register_of_legislation:C2011C00519
Segment Type: clause
Provision Reference: sch 11 cl 8 (pt 3/3)
Character Range: 284890–286371

in definitions of terms (e.g. contracted expenditure and salary expenditure) used in the definition of research and development expenditure, on which incremental expenditure is based.

Note 2: Subsection 73P(5) excludes a company's total group markup (worked out under subsection (14AC) of this section) from the company's incremental expenditure. The markup is worked out to affect a deduction by the company under subsection (13) or (14) of this section for an amount of research and development expenditure to which subsection (14AB) of this section applies.

Note 1: The following heading to subsection 73B(15) is inserted "Deduction for qualifying plant expenditure".

Note 2: The following heading to subsection 73B(15AA) is inserted "Deduction for qualifying expenditure on post‑23 July 1996 pilot plant".

Note 3: The following heading to subsection 73B(15A) is inserted "Reduction of deduction under subsection (15)".

Note 4: The following heading to subsection 73B(17A) is inserted "Limit on deduction for expenditure on overseas research and development activities".

Note 5: The following heading to subsection 73B(18) is inserted "Choice that this section not apply to plant".

Note 6: The following heading to subsection 73B(20) is inserted "Limit on double deductions".

Note 7: The following heading to subsection 73B(23) is inserted "Balancing adjustments".

Note 8: The following heading to subsection 73B(27) is inserted "Amounts included in assessable income".