R&D Eligibility Assessment Skill Systematic methodology for assessing R&D Tax Incentive eligibility under Division 355 ITAA 1997. When to Use Activate this skill when the task requires: - Evaluating if activities qualify as R&D - Classifying core vs supporting R&D activities - Quantifying eligible R&D expenditure - Calculating potential tax offsets - Preparing registration documentation Division 355 Framework Legislative Structure Core R&D Activity Test (s 355-25) The Four Requirements An activity is a core R&D activity if it meets ALL of these: Exclusions (s 355-25(2)) The following are NEVE…