Except here is a release for a $3m claim for explorer without...

Except here is a release for a $3m claim for explorer without taxable income, I can list more if you like, as two companies I hold big have done them successfully in last two years.


Research & Development Tax Concession Received
Comet Ridge Limited (ASX:COI) advises that it has received a Research and Development Tax Concession refund of $2.98m.
The Research & Development (R&D) Concession is the principle Commonwealth Government initiative to increase research and development (R&D) in Australia. Eligible companies who qualify under the scheme are entitled to a rebate on approved R&D expenditure.
Comet Ridge Limited lodged a R&D Tax Concession application for the expenditure incurred during the financial year to June 2013.
The R&D refund will strengthen the Comet Ridge’s cash position and will be used to fund the Company’s ongoing exploration and appraisal activities across its tenement portfolio.