Why is the tax treatment of SRS withdrawals not changed even though locally-sourced investment income is now exempted from tax?

mof

Last updated 1y ago

The current tax treatment of SRS withdrawals is already attractive. Only 50% of SRS withdrawals at/after retirement age are taxed. With careful planning, a retiree who is likely to have a low marginal tax rate, may end up paying little or no tax on his SRS withdrawals.

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