The Australian Taxation Office (ATO) has announced the release of two new taxpayer alerts on incorrect R&D claims that are attracting their attention. --- Updated guidance on R&D claims We've released 2 new taxpayer alerts to warn entities and their advisers about our concerns regarding incorrect Research and Development (R&D) tax incentive arrangements we're reviewing. These alerts are about expenditure incurred to associated entities and activities conducted overseas for foreign related entities. We're concerned these arrangements are being used to: claim the R&D tax offset in situations where it would not otherwise be available, either at all or in the...