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: Whether graduates of a certain program are entitled to receive the Nova Scotia graduate retention rebate?
Position: No.
Reasons: Although the program may be an eligible program, the program is not offered by an approved institution.
XXXXXXXXXX
2013-049704
C. Underhill
September 5, 2013
Dear XXXXXXXXXX:
Re: Nova Scotia graduate retention rebate
We are writing in response to your letter of July 4, 2013, wherein you asked whether individuals completing a certain program from a particular institution are entitled to the graduate retention rebate (GRR) under the Nova Scotia Income Tax Act (NSITA).
This technical interpretation provides general comments to assist you in determining the income tax treatment of your particular fact situation. The income tax treatment of specific transactions will only be confirmed by this Directorate in the context of an advance income tax ruling request submitted in the manner set out in Information Circular IC 70-6R5, Advance Income Tax Rulings.
Our Comments
Generally, the GRR is available to anyone living and working in Nova Scotia who completes an eligible program from an approved institution on or after January 1, 2009. A list of approved institutions is available at the following Web site:
http://certification.hrsdc.gc.ca/h.4m.2@-eng.jsp
If a particular institution is not on the approved list, individuals completing any program from that institution would not be entitled to the GRR.
The Canada Revenue Agency (CRA) administers the GRR based on the NSITA as passed by the Nova Scotia legislature. The Nova Scotia Department of Finance is responsible for developing and evaluating Nova Scotia income tax policy and amending the NSITA. If you have concerns about the eligibility criteria for the GRR, you can write to the Nova Scotia Department of Finance at 1723 Hollis St, Halifax, NS B3J 1M7.
We trust that these comments will be of assistance.
Yours truly,
Nerill Thomas-Wilkinson, CPA, CA
Manager
for Director
Business and Employment Division
Income Tax Rulings Directorate
Legislative Policy and Regulatory Affairs Branch
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