Energy and resources
Global business tax services
Investment in the Energy and Resources industry has been at record levels in Australia as the industry drives to increase output, identify, quantify and validate new reserves, economically access previously uneconomic reserves and develop an efficient infrastructure to ensure it remains globally competitive.
There is also the opportunity and need to continue to invest and develop cleaner technologies and investigate alternative fuels and sources of energy.
R&D is a critical component of these initiatives. Clever companies mitigate some of the cost of these investments by effectively managing the R&D tax concession.