value added tax

Tax exemption for donations of clothes and shoes would boost circular economy in the commerce sector

Commerce sector companies have to pay value added tax when donating clothes and shoes which makes donating difficult and expensive. For businesses donating unusable stock to those in need is the best solution both from the environmental and social responsibility perspective when a company wants to give away products in good condition. Donating should be as easy and simple as possible and it should not be further complicated with legislation.