Corporate tax credit for costs incurred transporting donated agricultural products

This section authorizes a corporate tax credit for taxpayers who transport certain donated agricultural products. The credit is equal to 50 percent of the transportation costs paid or incurred by the taxpayer in connection with the transportation. To be eligible for the credit, the transported products must be donated in accordance with Chapter 5 of Part 1 of Division 21 of the Food and Agricultural Code, which, among other things, includes certain food products that have been gleaned. (See separate entry in this database summarizing sections 58501 to 58509).