Tax incentives for early stage investors

Consultation has concluded

Tax incentives for investment in early stage innovation companies

We are seeking your feedback on our draft guidelines: A step-by-step guide to the principles-based innovation test (PDF, 469KB).

We have developed the draft guidelines in relation to the application of the principles-based innovation test set out in Division 360 of the Income Tax Assessment Act 1997.

The principles-based test is one of two alternative tests a company must satisfy to qualify as an early stage innovation company.

The consultation period will be open until 22 January 2018.

Tax incentives for investment in early stage innovation companies

We are seeking your feedback on our draft guidelines: A step-by-step guide to the principles-based innovation test (PDF, 469KB).

We have developed the draft guidelines in relation to the application of the principles-based innovation test set out in Division 360 of the Income Tax Assessment Act 1997.

The principles-based test is one of two alternative tests a company must satisfy to qualify as an early stage innovation company.

The consultation period will be open until 22 January 2018.

Consultation has concluded
  • Outcomes/results

    10 months ago

    Published: Tuesday 31 July, 2018

    Thank you to all participants that provided feedback during the consultation process about the operation of the ESIC tax provisions. We have considered your comments and feedback and we will shortly be publishing our final views on the issues discussed in a number of these documents. Subject to passage of amendments to the ESIC legislation currently before Parliament, some issues considered in these documents will be resolved legislatively.


    Published: Tuesday 31 July, 2018

    Thank you to all participants that provided feedback during the consultation process about the operation of the ESIC tax provisions. We have considered your comments and feedback and we will shortly be publishing our final views on the issues discussed in a number of these documents. Subject to passage of amendments to the ESIC legislation currently before Parliament, some issues considered in these documents will be resolved legislatively.