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Yes, for employees but not for 2% or more shareholders. A fairly good explanation can be found here, if you follow all the links:

http://www.benefitplans.com/Employee_Benefits/Sec_105/Sec_105_overview.asp

George D. Burns

Cost Reduction Strategies

Burns and Associates, Inc

www.costreductionstrategies.com(under construction)

www.employeebenefitsstrategies.com(under construction)

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