Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Principal Issues: Change in position taken in Document 2012-043551
Position: ETC is in fact available to an individual taking a course in connection with his or her employment, provided all other requirements for the ETC are met.
Reasons: Change in the legislation.
XXXXXXXXXX 2013-048463
George A. Robertson, CMA
April 18, 2013
Dear XXXXXXXXXX:
Re: Bursaries for Employees and the Education Tax Credit (ETC)
As discussed in our telephone conversation of April 16, 2013 (Ratnasingham/XXXXXXXXXX), the information provided to you in document 2012-043551 with respect to the issue of the ETC was not correct. The ETC is in fact available to an individual taking a course in connection with his or her employment, provided all other requirements for the ETC are met. Additional information on the ETC is available in our new folios publication S1-F2-C1, Education and Textbook Tax Credits, in particular at paragraphs 1.29 to 1.31. This publication is available at www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s1/f2/s1-f2-c1-eng.html.
The general comments in our letter with respect to the taxable benefits remain current. We note for your information that Income Tax Technical News 13, which you referred to in your correspondence to us, has been cancelled.
We trust that these comments will be of assistance to you.
Yours truly,
Sharmini Ratnasingham
for Director
Business & Employment Division
Income Tax Rulings Directorate
Legislative Policy and Regulatory Affairs Branch
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