Sentences with phrase «qualifying group rrsp»
However, if you withdrew the excess amounts, or all your contributions were qualifying group RRSP contributions, or from contributions that you made before February 27, 1995, you may not have to pay this 1 % tax on all your excess contributions.
http://www.tax-services.ca/ Not exact matches
Clients who deposit at least $ 100 per month in their RBC Direct Investing account as part of a pre-authorized contribution plan, those who make at least 3 commission - generating trades per quarter, those who have a group RRSP with RBC Direct Investing, those who qualify for the RBC Direct Investing Royal Circle program as well as those who are current student banking package holders (or have been in the past 5 years) and clients who have an RBC VIP banking package can all have their quarterly inactivity fee waived.
The Queen, the CRA assessed a large group of taxpayers from across Canada on the basis that investments in Registered Retirement Savings Plans (RRSP) were not in qualified investments and that the amount of the investment was less than the fair market value, triggering a taxable income inclusion under the RRSP provisions of the Income Tax Act.