Taxes are calculated according to tax accounting rules, not IFRS, though? I know...

mppm · 2025-06-06T20:33:38 1749242018

Yeah, seems I was wrong about that. Apparently most IFRS countries allow expensing R&D for tax purposes, regardless of accounting. Many even have an R&D superdeduction nowadays.

Sorry for the noise :(

bravesoul2 · 2025-06-06T22:37:21 1749249441

I was confused and has to double check. In Australia you can deduct them https://www.ato.gov.au/businesses-and-organisations/income-d...

0xWTF · 2025-06-06T22:46:01 1749249961

Came here to ask about the Aussie RDTI. So, if I spend $10M on R&D and make $5M, what's the difference between US and Aussie net?

anticensor · 2025-06-07T15:31:59 1749310319

Some countries have uniform accounting where the tax accounting rules closely follow IFRS.