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Re: [sharechat] So R & D in NZ is..

From:	"Graham Bockett" <gbockett@paradise.net.nz>
Date:	Tue, 21 Nov 2000 20:16:11 +1300

��<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=unicode"> <META content="MSHTML 5.50.4134.600" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT face=Arial size=2>Bear in mind the reality as distinct from the "purist" view that may be espoused by Treasury officials.  Few companies are going to carry out R&D and bear it as a tax-paid expense, if they can possibly write it off as a tax-deductible expense!  Personally, I would fire any accountant who suggested such a practice in my company!</FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>Unless ALL the company does is Research, most R&D is going to enter the books as production or overhead expenses.</FONT></DIV> <DIV> </DIV> <DIV><FONT face=Arial size=2>Graham</FONT></DIV></BODY></HTML>

References

[sharechat] So R & D in NZ is.. Tony Haddon

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