Document ID: chunk:federal_register_of_legislation:F2022L00356:front:0:p11
Version: federal_register_of_legislation:F2022L00356
Segment Type: other
Provision Reference: 
Character Range: 25583–28233

ITAA 1997; and
 (iii) if the activity was, or is being, conducted in the income year of the R&D entity during which the application is made—when the activity was, or is being, conducted during the income year; and
 (iv) if the activity is yet to be conducted—evidence from which it is reasonable to conclude that the activity is expected to be conducted in the income year of the R&D entity in which the application is made or in either of the next 2 income years;
 (c) for each activity for which an application for a finding is made that, in the opinion of the entity conducting the activity, is a supporting R&D activity:
 (i) the core R&D activities that, in the entity's opinion, the supporting R&D activity relates to; and
 (ii) when the core R&D activities were conducted or will be conducted; and
 (iii) which requirement, in the entity's opinion, the activity meets under section 355‑30 of the ITAA 1997 for the activity to be a supporting R&D activity;
 (d) a detailed description of each activity for which an application for a finding is made, and a detailed description of the new knowledge that each activity is intended to generate;
 (e) the total actual and reasonably anticipated expenditure by the R&D entity on each activity for which an application for a finding is made;
 (f) for each activity for which an application for a finding is made that, in the opinion of the entity conducting the activity, is a supporting R&D activity in relation to specified core R&D activities that are not registered—the total actual and reasonably anticipated expenditure by the R&D entity on the unregistered core R&D activities.

4.05  Approved form for application for finding about activities to be conducted outside Australia
  For the purposes of subsection 32(3) of the Act, a form for an application under subsection 28G(1) of the Act for a finding about an activity (the overseas activity) under section 28C of the Act must require the production of the following information or material:
 (a) for each overseas activity:
 (i) whether, in the R&D entity's opinion, the activity is a core R&D activity or a supporting R&D activity; and
 (ii) why the R&D entity considers the activity meets the definition of core R&D activities in section 355‑25 of the ITAA 1997, or the definition of supporting R&D activities in section 355‑30 of the ITAA 1997; and
 (iii) if the activity was, or is being, conducted in the income year in which the application is made—when the activity was, or is being, conducted during the income year;
 (b) for each overseas activity that, in the R&D entity's opinion, is a supporting R&D activity:
 (i) the core R&D