| Turnover | <$20 million |
| Taxable Position | LOSS of $1 million |
| Eligible R&D Expenditure | $1 million |
| Benefit | $435,000 ($1 million x 43.5% = $435,000) |
| Benefit in the form of | Cash refund |
| Turnover | <$20 million |
| Taxable Position | LOSS of $1 million |
| Eligible R&D Expenditure | $1 million |
| Benefit | $435,000 ($1 million x 43.5% = $435,000) |
| Benefit in the form of | Cash refund |
