Are dividends received from unit trusts purchased with SRS funds taxable?
One-tier exempt dividends and distributions from unit trusts purchased with SRS funds and deposited into the SRS account are not taxed when they are credited into the SRS account. However, tax will be imposed on the amount subsequently withdrawn from the SRS account.
Related questions
Why is the tax treatment of SRS withdrawals not changed even though locally-sourced investment income is now exempted from tax?
As savings withdrawn from SRS are subject to tax, would I not be paying a lot of tax when I retire?
Will the monthly payouts from an annuity bought with SRS funds be paid into my SRS account, or can they be paid into my bank account directly?
Do I have to withdraw all my SRS funds at the end of the ten-year withdrawal period?
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