Australia R&D Tax Incentive (Income Tax Assessment Act 1997 Division 355) IRD-31: IRD Act s 31 Register group R&D through the head company of a consolidated or MEC group

Where an R&D entity is a subsidiary member of a consolidated or multiple entry consolidated group whose head company is an R&D entity, its own registration and findings have no effect for the period of membership; the head company registers the R&D activities conducted by group members for that period (the registration guidance states only the head company can apply). An entity joining or leaving mid-year registers its own activities for the period outside the group.