3.6 “Where a benefit or debt is connected in any way with the existence of a plan, it is considered to be conditional on the existence of...

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3.9 An RRSP annuitant providing a letter of direction to collapse the plan and remit the proceeds to the lender on default would not render...

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3.12 Fee waivers, preferential pricing, bonus interest and other promotional incentives offered by financial institutions typically satisfy one or...

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Example 7 (performance prefs)

Private company employees whose plans are issued non-voting prefs that pay dividends well in excess of the...

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3.22 Example 10 (bid/ask plan strip)

Two unrelated individuals effectively transfer all the value in their RRSP to their TFSA by having their TFSA...

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Permitted exceptions

3.25 Contributions, distributions to the plan’s controlling individual, and purchase and sale transactions between an...

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Definition can apply even where no property removal

3.34 The definition [of registered plan strip] is intended to apply even in situations...

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Advantage tax computed only on annual basis

3.45 In the case of an advantage consisting of an increase in the FMV of plan property attributable to...

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Example 9 (warrants contributed at nominal intrinsic value)

Where an individual contributed common share warrants to his TFSA for their nominal...

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Any increase in value traceable to plan property acquired under a swap transaction is subject to advantage tax

3.24 A swap transaction is...

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Example 6, para. 3.12 [cash incentive to open RRSP or TFSA account]

No s. 207.01 advantage if a financial institution pays $100 in cash directly...

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