COVID-19: Tax relief for donations of trading stock

Regulatory impact statement prepared by Inland Revenue on 18 January 2021 about introducing a temporary exclusion to the deemed income rule that applies to donated trading stock.

The proposal was included in Supplementary Order Paper No 23 to the Taxation (Annual Rates 2020–21, Feasibility Expenditure, and Remedial Matters) Bill, released on 23 March 2021.

Note: Published in March 2021 as part of the regulatory impact assessment pack for Supplementary Order Paper No 23 to the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill. This individual document was added to the website on 11 April 2022.