6 February 1990 T.I. (July 1990 Access Letter, ¶1336)

A status Indian is subject to tax on the withdrawal of funds from an RRSP (even if he was not entitled to a deduction for the contribution) because, irrespective of the location of the branch of the bank at which the RRSP was opened up, the trustee for the RRSP is off the reserve.

For purposes of determining whether income is earned on a reserve, income from sources other than those enumerated in IT-62 generally will be considered to have their source at the payor's principal place of business, e.g., the head office of a payor bank.