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Memphasys Flags $1.1M R&D Tax Liability Amid ASX Scrutiny

10:12am on Monday 20th of October, 2025 AEDT Healthcare
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Memphasys Flags $1.1M R&D Tax Liability Amid ASX Scrutiny

10:12am on Monday 20th of October, 2025 AEDT
Key Points
  • Recognition of $1.118 million liability for FY24 R&D tax rebate
  • Discovery linked to 'connected entity' status of major shareholder
  • Specialist tax advice obtained and private ATO ruling sought
  • Adjustment is non-cash, no immediate impact on cash flow
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