Income Tax – Government payments to businesses (grants and subsidies)

This Fact Sheet accompanies Interpretation Statement IS 23/06 Income Tax – Government payments to businesses (grants and subsidies) which assists businesses to understand their income tax obligations when they receive a grant or subsidy from local or central government.
All references to paragraphs and examples in this Fact Sheet are to the Interpretation Statement.

For more information on grants and subsidies see Tax on grants and subsidies (ird.govt.nz).

IS 23/06 FS: Income Tax – Government payments to businesses (grants and subsidies) fact sheet

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Related Publications

Title	Type	Date
Income tax – Government payments to businesses (grants and subsidies)	Interpretation statements	July 2023
GST – Section 5(6D): Payments in the nature of a grant or subsidy	Interpretation statements	July 2023
GST – Section 5(6D): Payments in the nature of a grant or subsidy	Fact sheets	July 2023

Reference

IS 23/06 FS

Issued

04 Jul 2023