Attraction Bonus Program Regulation

(no amdt) ALBERTA REGULATION 95/2024 Alberta Personal Income Tax Act ATTRACTION BONUS PROGRAM REGULATION Interpretation 1 In this Regulation, “Act” means the Alberta Personal Income Tax Act . Eligibility criteria for the Attraction Bonus Program 2 (1) For the purposes of section 35.091(2)(e) of the Act, the prescribed date is May 1, 2024. (2) For the purposes of section 35.091(2)(g) of the Act, the prescribed occupations are the occupations listed in the Schedule. (3) For the purposes of section 35.091(2)(g)(i) of the Act, the prescribed employment criteria for an employee are that the employee (a) is employed full‑time in Alberta performing the work of one or more prescribed occupations, and (b) is not employed by a corporation of which the employee controls more than 40% of the voting shares. (4) For the purposes of section 35.091(2)(g)(ii) of the Act, the prescribed self‑employment criteria for a self‑employed individual are that (a) the individual (i) carries on business in Alberta, or (ii) controls more than 40% of the voting shares of a corporation that carries on business in Alberta, (b) the individual performs the work of one or more prescribed occupations in Alberta, and (c) in the month before the self‑employed individual files an application under section 35.092 of the Act, the individual’s work referred to in clause (b) generates at least $2000 in gross revenue in Alberta for the business referred to in clause (a)(i) or (ii), as the case may be. 3 This Regulation comes into force on the coming into force of section 2 of the Financial Statutes Amendment Act, 2024 . Schedule Prescribed Occupations Interpretation 1 In this Schedule, (a) “National Occupational Classification” means the National Occupational Classification 2016 Version 1.3 as published by Employment and Social Development Canada and Statistics Canada; (b) “n.e.c.” means not elsewhere classified in the National Occupational Classification. Prescribed occupations 2 The prescribed occupations are the following occupations as described in the National Occupational Classification: (a) aircraft mechanics and aircraft inspectors; (b) appliance servicers and repairers; (c) automotive service technicians, truck and bus mechanics and mechanical repairers; (d) boilermakers; (e) bricklayers; (f) cabinetmakers; (g) carpenters; (h) concrete finishers; (i) construction millwrights and industrial mechanics; (j) construction trades helpers and labourers; (k) contractors and supervisors, carpentry trades; (l) contractors and supervisors, electrical trades and telecommunications occupations; (m) contractors and supervisors, heavy equipment operator crews; (n) contractors and supervisors, machining, metal forming, shaping and erecting trades and related occupations; (o) contractors and supervisors, mechanic trades; (p) contractors and supervisors, oil and gas drilling and services; (q) contractors and supervisors, other construction trades, installers, repairers and servicers; (r) contractors and supervisors, pipefitting trades; (s) crane operators; (t) drafting technologists and technicians; (u) drillers and blasters ‑ surface mining, quarrying and construction; (v) electrical mechanics; (w) electrical power line and cable workers; (x) electricians (except industrial and power system); (y) elevator constructors and mechanics; (z) floor covering installers; (aa) gas fitters; (bb) glaziers; (cc) heating, refrigeration and air conditioning mechanics; (dd) heavy equipment operators (except crane); (ee) heavy‑duty equipment mechanics; (ff) industrial electricians; (gg) industrial instrument technicians and mechanics; (hh) insulators; (ii) ironworkers; (jj) machine fitters; (kk) machinists and machining and tooling inspectors; (ll) motor vehicle body repairers; (mm) motorcycle, all‑terrain vehicle and other related mechanics; (nn) oil and gas well drillers, servicers, testers and related workers; (oo) oil and gas well drilling and related workers and services operators; (pp) oil and solid fuel heating mechanics; (qq) other repairers and servicers; (rr) other small engine and small equipment repairers; (ss) other trades and related occupations, n.e.c.; (tt) painters and decorators (except interior decorators); (uu) plasterers, drywall installers and finishers and lathers; (vv) plumbers; (ww) power engineers and power systems operators; (xx) power system electricians; (yy) residential and commercial installers and servicers; (zz) roofers and shinglers; (aaa) sheet metal workers; (bbb) steamfitters, pipefitters and sprinkler system installers; (ccc) structural metal and platework fabricators and fitters; (ddd) telecommunications installation and repair workers; (eee) tilesetters; (fff) tool and die makers; (ggg) transport truck drivers; (hhh) water well drillers; (iii) waterworks and gas maintenance workers; (jjj) welders and related machine operators.