Finance Act 2014
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Exemption in respect of compensation for certain living donors | ||
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6. The Principal Act is amended by inserting the following section after section 204A: | ||
“Exemption in respect of compensation for certain living donors | ||
204B. The compensation for donation of a kidney for transplantation payable to a living donor under conditions defined by the Minister for Health pursuant to Regulation 21(2) of the European Union (Quality and Safety of Human Organs Intended for Transplantation) Regulations 2012 ( S.I. No. 325 of 2012 ) shall be exempt from income tax and shall not be reckoned in computing income for the purposes of the Income Tax Acts.”. |