The ATO – under new commissioner Rob Heferen – last month revealed which companies were making most use of the R&D tax credit system.
Its first-ever transparency report (in the form of an unruly 11,000-row spreadsheet) is all about increasing “public awareness” of the benefit and inviting external scrutiny about self-assessed R&D budgets. We are happy to oblige.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
