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


From: Brian Gale <brigale@i4free.co.nz>
Date: Wed, 22 Nov 2000 11:13:10 +1300


Graham's post has the effective answer, Tony. No Company will class work as R & D if it has to be paid out of  after tax earnings. There is always more than one way to ' skin the cat ' which makes bureaucratic rules like this largely ineffective.

Regards
Brian


At 19:36 21-11-00 +1300, you wrote:
effectively  paid for out of after - tax income ??
 
Rgds,    Tony Haddon

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