,canada ,cu/oms                       #a
& ,rev5ue ,ag5cy

          ,9t]pret,n ,bullet9
    
,subject3 ,special ,rel1se
  ,employee ,b5efit ,plans & ,employee
  ,tru/s
,numb] ,,it-#ejb
,date3 ,may #ca1 #aiia

               ,applic,n
    
  ,? ,special ,rel1se updates ,9t]pret,n
,bullet9 ,,it-#ejb1 dat$ ,m>* #bh1
#aihe4 ,! applic,n (! -;ts 9 ? bullet9
has be5 sub/anti,y limit$ 0am5d;ts 6!
law 5act$ 9 #aihf & #aihg4
  ,dep5d+ ^u _! t]ms & "*i/ics1 c]ta9
plans or >range;ts t =m]ly wd h be5
8employee b5efit plans10 subject 6!
tr1t;t \tl9$ 9 p>agraphs #c 6#cc (!
bullet91 w n s qualify if !y fall )9 !
def9i;n (a 8sal>y def]ral >range;t0 or a
8retire;t -p5s,n >range;t10 set \ 9
               ,,it-#ejb             a#a
subsec;n #bdh7#a74 ,ref];e %d 2 made 6!
,act 9 det]m9+ ! tax tr1t;t ( 3tribu;ns
6& b5efits rcvd \ (! latt] two
>range;ts4 ,a plan or >range;t t
qualifies z an 8employee tru/0 is
expressly exclud$ f bo? ! sal>y def]ral
>range;t & retire;t -p5s,n >range;t
def9i;ns 9 subsec;n #bdh7#a7 &1 acly1 c
3t9ue 6rcv ! tax tr1t;t \tl9$ 9
p>agraphs #cd 6#di (! bullet94

      ,bullet9 ,revi.ns 7p>agraphs
                  #a-f
    
#a4 ,p>agraph #d is am5d$ 0remov+ ! ^w
  8&0 at ! 5d ( item #d7k7 & a4+ !
  foll[+ immly af item #d7l73
  87m7 ,sal>y ,def]ral ,>range;ts1 9
    respect (a taxpay]1 "u : ,def]r$
    ,am.ts >e requir$ 6be 9clud$ z
    b5efits "u p>agraph #f7#a77a7 9
    -put+ ! taxpay]'s 9come 7! t]ms
    8sal>y def]ral >range;t0 & 8def]r$
  
               ,,it-#ejb             b#a
    am.t0 >e def9$ 9 subsec;n #bdh7#a771
    &
  7n7 ,retire;t ,-p5s,n ,>range;ts1 z
    def9$ 9 subsec;n #bdh7#a7 7see al !
    curr5t
--------------------------------------#b
    v].n (! ,de"p;t's ,retire;t ,-p5s,n
    ,>range;t ,guide74
#b4 ,p>agraph #ac (! bullet9 is c.ell$ &
  replac$ 0! foll[+3
  8#ac4 ,= #aihg & e>li] tax,n ye>s1
    p>agraph #aaj.b7#d77g7 d5i$ ! p5.n
    9come deduc;n = employee b5efit plan
    pay;ts :e!r report$ "u p>agraphs
    #f7#a77g7 or #ef7#a77a74 ,= #aihh &
    subsequ5t tax,n ye>s1 p>agraph
    #aah7#h77e7 simil>ly d5ies ! p5.n
    tax cr$it40
#c4 ,9 p>agraph #ba (! bullet91 ! ref];e
  6p>agraph #ajd7#ac77a7 is replac$ 0a
  ref];e 6p>agraph #ajd7#ac77b74
#d4 ,p>agraph #ce is c.ell$ & replac$ 0!
  foll[+3

               ,,it-#ejb             a#b
  8#ce4 ,a qualify+ >range;t t
    subsequ5tly fails 6meet any (! abv
    3di;ns c1ses 6be an employee tru/4
    ,if x does n !n meet ! def9i;n ( ei
    a sal>y def]ral >range;t or a
    retire;t -p5s,n >range;t 9 subsec;n
    #bdh7#a71 ! >range;t w 2come an
    employee b5efit plan tru/ subject 6!
    employee b5efit plan provi.ns4
    ,h["e1 z 4cuss$ 9 #ae abv1 subsec;n
    #f7#aj7 provides relief f d\# tax,n
    9 respect ( previ\sly tax$
    alloc,ns40
#e4 ,p>agraph #dj (! bullet9 is c.ell$ &
  replac$ 0! foll[+3
  8#dj4 ,! provi.ns ( p>agraph
    #aah7#h77e7 7d5ial (! p5.n tax cr$it
    af #aihg7 & subsec;n #bab7#ag7
    7exclu.n f ,"p ,,xiii tax7 4cuss$ 9
    #ac & #ad abv al apply 6pay;ts \ (
    an employee tru/4 ,= #aihg & e>li]
    tax,n ye>s1 p>agraph #aaj.b7#d77g7
    d5i$ ! p5.n 9come deduc;n40
  
               ,,it-#ejb             b#b
#f4 ,p>agraph #dg is am5d$ 0a4+ ! foll[+
  af item 7c7 "!(3
  8,= tax,n ye>s ( tru/s -m5c+ af #aihg1
    ! foll[+ provi.ns ( subdivi.n ;k >e
--------------------------------------#c
    al 9applica# 6a tru/ gov]n$ 0an
    employee b5efit plan or 6an employee
    tru/3
    7d7 subsec;n #ajd7#e.b7 relat+
      6res\rce prop]ties1 &
    7e7 subsec;ns #ajd7#ac.a7 &
      #ajd7#ac.b7 d1l+ ) rules =
      designat+ c]ta9 4tribu;ns t w n 2
      taxa# 9 ! h& ( b5efici>ies40