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


From: "Wedde, John" <john.wedde@cit.ac.nz>
Date: Wed, 22 Nov 2000 11:37:49 +1300


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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