bluglass receives $2.3m r&d tax credit

18 December 2012
The Manager
Market Announcements Platform
BLUGLASS RECEIVES $2.3M R&D TAX CREDIT
KEY POINTS
? BluGlass’ wholly owned subsidiary, EpiBlu has received $1,626,027 tax credit from the Australian Tax Office for its
research and development activities in FY2012
? BluGlass will receive an additional $709,930 for its research and development activities in FY2012 in the parent
company
BluGlass has announced today that further to its announcement on 17th April 2012 confirming its eligibility to receive a
rebate on research and development activities, it has now received $1,626,027 in its wholly owned subsidiary, EpiBlu, for
R&D activities during FY2012. An additional sum of $709,930 will be processed on 20th December for the parent company
providing the company with total tax rebates of $2,335,957 before costs.
BluGlass CEO, Giles Bourne said today, “This is a significant cash injection for BluGlass and it will greatly assist the
Company in the commercialisation of its ground breaking technology”.
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