Forum Archive Index - November 2000
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RE: [sharechat] So R & D in NZ is..
Yes, agreed Brian. For a moment there I did get confused. Graham's pragmatic
approach is certainly the way most people would go.
As he says:
"Unless ALL the company does is Research, most R&D is going to enter the
books as production or overhead expenses"
Cheers,
John
-----Original Message-----
From: Brian Gale [mailto:brigale@i4free.co.nz]
Sent: Wednesday, 22 November 2000 11:13
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] So R & D in NZ is..
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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