Anti-avoidance rules for RRSPs and RRIFs
The anti-avoidance rules provide for a special tax on certain advantages that unduly exploit the tax attributes of an RRSP and RRIF as well as special taxes on prohibited investments and on non-qualified investments
The existing anti-avoidance rules applicable to registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) have been enhanced to prevent any aggressive tax planning.
The rules impose a tax on non-qualified investments, prohibited investments and advantages provided in relation to an RRSP or RRIF.
Services and information
Tax payable on non-qualified investments
Implications when RRSPs or RRIFs hold non-qualified investments
Tax payable on prohibited investments
Implications when RRSPs or RRIFs hold prohibited investments
Tax payable on an advantage
Implications of benefits, loans or debts
Refund of taxes paid on non-qualified or prohibited investments
Refund of taxes and how to claim a refund
How to request a waiver or a cancellation of taxes
Request a waiver or cancellation of taxes and where to send