18 April 1991 Internal T.I. 903659 F - Health and Welfare Trusts

By services, 18 January, 2022
Official title
Health and Welfare Trusts
Language
French
Document number
Citation name
903659
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
630546
Extra import data
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Main text

Dear Sirs:

Re:  Health and Welfare Trusts

This is in reply to your letter dated December 4, 1990 in which you asked whether an advance ruling could be obtained with respect to the deductibility of premiums and benefits paid by a health and  welfare trust in computing trust income subject to tax.  We apologize for the delay in responding.

We are enclosing a copy of Information Circular 70-6R which outlines the requirement for obtaining advance income tax rulings. In order to provide you with a ruling concerning the application of paragraph 12(c) of Interpretation Bulletin IT-85R2 in a particular case, we would require copies of the trust document as well as all plan documents pertaining to the Health and Welfare Trust.  It is not possible to provide you with a ruling that has application to more than one taxpayer as, no doubt, the terms of the trust and plan agreements would be different.

Yours truly,

for DirectorBusiness and General DivisionRulings DirectorateLegislative and Intergovernmental Affairs Branch