Dec. 23 at 3:57 AM
$CWGYF Great News! Carnegie has been delivering great progress this year, looking forward to 2026 🥇
2025 Basque R&D Tax Deductions sold for €773k
Carnegie receives a financial boost to end the year with our wholly owned subsidiary
Carnegie Technologies Spain (CTS) having sold its eligible research and development (R&D) tax deductions for the calendar year 2025 for €773,163 (
$1.37M AUD).
By utilising the Basque Country’s "Article 64bis" tax incentive, CTS is transferring its 2025 R&D tax deductions to third-party financiers in exchange for cash funding.
CTS has secured a binding tax assessment that recognizes the ACHIEVE Programme as an eligible R&D project for 2025, 2026, and 2027. This enables CTS to continue accessing this tax incentive over the next two years.
#WaveEnergy #Innovation #energy #AI #future
$HPE $MSFT
$CCE |
$CCE.AX |
$CWGYF