MARKETS

Pilot banks $1.1M tax refund

ASX-listed junior oil and gas producer Pilot Energy told the market it received a $1.1 million cash refund as an eligible recipient of the financial year 2022 Research and Development Tax Incentive.

Yiying Li

The tax scheme is under the Australian Federal Government's tax incentive program, which provides Australian companies with refunds on their research and development activities. The oil producer said:...

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