Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83; site utcsrgv.UUCP Path: utzoo!utcsrgv!peterr From: peterr@utcsrgv.UUCP (Peter Rowley) Newsgroups: can.general,net.taxes Subject: Cdn RRSP for income averaging Message-ID: <3415@utcsrgv.UUCP> Date: Thu, 1-Mar-84 22:13:50 EST Article-I.D.: utcsrgv.3415 Posted: Thu Mar 1 22:13:50 1984 Date-Received: Thu, 1-Mar-84 22:26:49 EST Organization: CSRG, University of Toronto Lines: 7 A friend of mine told me that he borrowed money from the bank to buy a $2500 RRSP and then immediately sell it, transferring the income from the '83 tax year to the '84 tax year. This cost about $90. Why should the banks be allowed to make money this way, when it should be trivial to do this sort of ad hoc income averaging on the tax form? p. rowley, U. Toronto utcsrgv!peterr