R&D Tax Offset Commentary

Publisher: Checkpoint


R&D Tax Offset Commentary


R&D Tax Offset Commentary provides comprehensive, practice-focused commentary and analysis relating to the R&D provisions contained in the ITAA 97. Written by our specialist in-house tax writers and a select team of commissioned practitioners and academics,this subscription service provides explanatory commentary on the income tax laws contained in Division 355. Emphasis is placed on in-depth practical insights, together with extensive illustrative material, enabling subscribers to appreciate both the technical and procedural aspects of the law.

Section finding lists allow users who are researching specific provisions to quickly locate where they are discussed in the commentary. When combined with the online Updater service, it means that subscribers are getting the most up-to-date, comprehensive coverage of the income tax legislation available.

R&D Tax Offset Commentary is also available as part of the Australian Income Tax Commentary service.


The ITAA 1997 Commentary is structured division-by-division of the Income Tax Assessment Act 1997 on a subject matter basis, as opposed to CCH’s annotated commentary which employs a rigid section-by-section analysis.

TR’s divisional subject matter approach to ITAA 1997 Commentary is superior; rather than simply explain how a particular provision works (the focus of annotated commentary), it provides commentary which explains how the law works. It is capable of much greater flexibility in drawing together disparate elements present in various provisions (including provisions outside the tax laws) which give the law its practical meaning/operation

Annotated commentary explains how a particular provision works and, by its nature, requires the writer to explain each particular provision or section of an Act in a way that mimics the structure of the Act.  On the other hand, the divisional subject matter approach allows the commentary to be organised free of many of the constraints imposed by the structure of the legislation. The law continues to unfold through the practical application of the law – new areas of uncertainty, dispute and resolution continue to evolve. The divisional subject matter approach can address this process quickly and adroitly. This is unique in the marketplace.

While annotated commentary in print provides some convenience (by neatly packaging each provision with its dedicated bit of commentary), this is not what happens online – both CCH’s annotated commentary and TRs divisional subject matter commentary are presented quite separately to the legislation (which is accessed through hypertext links).

Current users of the CCH commentary accustomed to being able to quickly access commentary on a particular provision (because of the essentially “linear” roll out of annotated commentary) should be shown the comprehensive section finding list which can be found in each division or subdivision of the ITAA 1997 Commentary. The section finding list enables users who are researching a specific provision to quickly locate and click through to the commentary on that provision.