1. The Qualifying Entity shall submit an application to obtain the Research and Development Tax Credit in accordance with the provisions of this Resolution, accompanied by the following documents: a. Evidence of obtaining the prior approval of the Council. b. A declaration signed by the senior management affirming the accuracy of the information provided. c. A detailed statement of the Qualifying Research and Development Expenditure in accordance with the requirements set by the Authority. d. Audited Financial Statements of the Qualifying Entity. e. Any other information or documents as may be specified by the Minister in a resolution issued thereby. 2. The application to obtain Research and Development Tax Credit shall be submitted as part of the Tax Return or Top-up Tax Return, as the case may be, for the concerned Tax Period or Fiscal Year during which the Qualifying Research and Development Expenditure was incurred. 3. Applications submitted after the due date for filing the Corporate Tax or Top-up Tax Return, as the case may be, shall not be recognized unless the Authority approves their acceptance in exceptional cases.
Interpretation and application must be checked against the official text and current version.