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By withdrawing the RRSP funds while a non resident, generally the lower of the non resident withholding tax rate and the amount taxable under section 217 will apply, providing the individual with a unique opportunity to withdraw RRSP accumulations at much lower rates of tax than would otherwise be payable if they were ...

Under Part XIII of the Act, management or administration fees or charges are subject to a 25% withholding tax. Subsection 212(4) lists the amounts that are not included as management or administration fees or charges under this Part.

Contrary to popular belief, you are not required to deregister your RRSP/RRIF upon ceasing Canadian residency. You have the option to keep your RRSP/RRIF intact and have the income continue to grow tax-deferred for Canadian tax purposes.

If you don't need to deduct all of your RRSP contributions for the year and don't want to carry forward the unused contributions, you can withdraw the excess amount. However, if you decide to do this, you will have to include this amount as income on your return.

Eligible Dividends AMT starts when the dividends reach $55,002 (2022 $54,403). Federal AMT is applicable for dividends above this amount, until the amount of the dividends reaches $175,218 (2022 $161,215), when the regular federal tax equals or exceeds the minimum amount.

As of 30 June 2023, China has totalisation agreements in force with 11 countries, including Canada, Denmark, Finland, Germany, Japan, the Republic of Korea, Luxembourg, the Netherlands, Serbia, Spain, and Switzerland. China has also signed a totalisation agreement with France, which has not entered into force.

A registered retirement savings plan (RRSP) allows savings for retirement in an account registered with the Canadian government. Canadian citizens that live and work in the United States may contribute to an RRSP if they have contribution room.