CWE carnegie wave energy limited

Ann: Appendix 4C - quarterly, page-2

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    $12 million Research and Development Tax Refund

    "During the quarter, Carnegie received a $12 million Research and Development Tax Incentive cash rebate from the Australian Tax Office based on Carnegie’s eligible R&D expenditure during the year ended 30 June 2015. The R&D tax incentive provides a tax rebate to support Australian companies to undertake Australian research and development."

    Nice
 
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