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by trudeau_3
Wed Sep 23, 2020 6:25 am
Forum: Taxes
Topic: (Canada) RRSP Lump Sum Withdrawal
Replies: 0
Views: 9310

(Canada) RRSP Lump Sum Withdrawal

I am a tax resident of Japan and hoping to withdraw some cash from my RRSP (tax deferred) account in Canada. The Canadian Bank will withhold 25% for withholding tax and pay the remaining amount to me. How do I handle this on my Japanese Tax Return? Is this considered income by the NTA or just a tran...