Hi,
We are hoping to retire in Belize. Does anyone know if the 25% withholding tax on pensions would replace income tax? I don't want Revenue Canada double-dipping. 
Thanks.
Pensions and tax
molly428
06 April 2015 21:57:10
1
kenjee
07 April 2015 12:00:53
19610
Hello molly428 and welcome to Expat.com
Hope that some members will soon enlighten this important question!
Kenjee
Expat.com Team
bmcraig
08 April 2015 02:40:02
67
According to what Revenue Canada told us, yes, the 25% is with held as income tax.
TaunyaFaye
22 April 2015 18:47:15
31
Same appears to be true in the US - when you cash out retirement accounts the US Gov wants their money.
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