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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