474A Relief for fees paid to publicly funded colleges in the European Union for full-time third level education.
(1) In this section—
“academic year”, in relation to an approved course, means a year of study commencing on a date not earlier than the 1st day of August in a year of assessment;
“appropriate percentage”, in relation to a year of assessment, means a percentage equal to the standard rate of tax for that year;
“dependant”, in relation to an individual, means a spouse or child of the individual or a person in respect of whom the individual is or was the legal guardian;
“the Minister” means the Minister for Education and Science;
“qualifying college” means any university or similar institution of higher education in a Member State of the European Union (other than the State) which is maintained or assisted by recurrent grants from public funds of that or any other Member State of the European Union (including the State);
“qualifying course” means a full-time undergraduate course of study in a qualifying college which is of at least 2 academic years’ duration, other than a course of study in medicine, dentistry, veterinary medicine or in teacher training;
“qualifying fees”, in relation to a qualifying course and an academic year, means so much of the amount of fees chargeable in respect of tuition to be provided in relation to that course in that year as is equal to the amount of fees determined by the Minister, with the consent of the Minister for Finance, to be the qualifying fees for the purposes of this section in relation to the class of qualifying course specified in the determination to which the particular course concerned belongs.
(2) Subject to this section, where an individual for a year of assessment proves that he or she has, on his or her own behalf or on behalf of his or her dependant, made a payment in respect of qualifying fees in respect of a qualifying course for the academic year in relation to that course commencing in that year of assessment, the income tax to be charged on the individual for that year of assessment, other than in accordance with section 16(2), shall be reduced by an amount which is the lesser of—
(a) the amount equal to the appropriate percentage of the aggregate of all such payments proved to be so made, and
(b) the amount which reduces that income tax to nil.
(3) For the purposes of this section, a payment in respect of qualifying fees shall be regarded as not having been made in so far as any sum in respect of or by reference to such fees has been or is to be received, directly or indirectly, by the individual, or, as the case may be, his or her dependant, from any source whatever by means of grant, scholarship or otherwise.
(4) Any claim for relief under this section made by an individual shall be accompanied by a statement in writing made by the qualifying college concerned stating each of the following, namely—
(a) that the college is a qualifying college for the purposes of this section,
(b) the details of the course undertaken by the individual or his or her dependant,
(c) the duration of the course, and
(d) the amount of the fees paid in respect of the course.
(5) Where for the purposes of this section any question arises as to whether—
(a) a college is a qualifying college, or
(b) a course of study is a qualifying course,
the Revenue Commissioners may consult with the Minister.