when i withdraw RRSP do i pay tax?and how much?

[cable4sale]

rt

 

[cucapila]

yes

年底报税的时候算

 

[ccc]

自然要缴税。提出后，作为你当年收入一并计算。银行会给你一单据。

 

[keen_observer]

When you withdraw RRSP (excluding Hoome Buyer's Plan), banks will immediately take a percentage(%) off the withdraw amount as the tax. At the end of year, the bank will inform CCRA about your RRSP, and you will have to file the RRSP withdraw amount as your income at your income tax form. Depend on how much you withdrew, and your annual income of the withdrew year, you may owe CCRA income tax.