Letters to the Editor

Beyond Numbers - Nbr. 443, May 2005

Anonymous
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Summary:

The point raised by our competitors at Mercers is a valid one. There is risk in setting up any health and welfare trust plan. The CRA maintains that the expenses must be "reasonable," but herein lies the problem: There has never been a table published or a reference source defining "reasonable," nor has it ever been set out in an interpretation bulletin. Therefore, we are dealing with a moving target.

Extract:

Letters to the Editor

Re: "Finding a More Tax-Efficient Solution for Employee Benefits"

Editor: December 2004's Financial Facts & Money Matters article on health and welfare trusts written by John J. Robinson, CFP, of The Robinson Group Inc., elicited the following feedback (to which the author responds below):

From John D. Crawford, CA Senior Vice-President, Financial Services, Pacific Blue Cross

The rece...



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