Registered Products Withholding Tax Rate
Calculate the withholding tax rate and dollar amount charged on a one-time lump sum withdrawal from your client's registered account withdrawal by selecting the province of residence and either the "Before tax withdrawal amount" or "After tax withdrawal amount."
Please refer to the Fee Schedule for withdrawal fee information. Calculations are based on tax rates for Canadian residents as shown on the Canada Revenue Agency web site.
The calculations shown are for illustration purposes only. Please note, the amount of withholding tax calculated is based on the single withdrawal amount requested and does not account for RRIF minimum payments or other RRSP withdrawals made during the year or at another institution. Actual tax rates and amounts may differ. Individuals should consult a qualified tax specialist for more information.
B2B Bank cannot be held responsible for the accuracy of the calculations performed or the amounts indicated.