Is Pension Income-Splitting Available for Year of Death?
In Canada, while many tax credits and benefits are available based on family income, a graduated tax bracket system applies to the individual when taxing income. […]
Tax Strategy
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Death of an RRSP/RRIF Annuitant – Do tax-deferred rollovers make sense?
When an RRSP 1 or RRIF annuitant dies, the deceased is normally required to include the full value of the plan in income for the year […]