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Canada Revenue Agency

RRSP Time

Canadian taxpayers don’t need a calendar to know that the registered retirement savings plan (RRSP) contribution deadline is approaching—the glut of television, radio, and internet ads which fill the airwaves and computer screens this time of year are reminder enough....
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Lump-Sum Payments of Support

The CRA was asked about the deductibility of support payments paid to a former spouse where the taxpayer made unscheduled catch–up payments. The taxpayer was making monthly support payments under the terms of an agreement, but each monthly payment was for less than what was...
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