Finance Act 2014

Exemption in respect of compensation for certain living donors

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.”.