How is a US ROTH IRA taxed in Canada?

I have not been able to find a similar retirement account in Canada. If it is indeed taxable in Canada, reporting is going to be messy after we move home.

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30 Responses to How is a US ROTH IRA taxed in Canada?

  1. sn00p says:

    there is a foreign income amount for people living in canada, can’t remember how much it is, because i’m not foreign to canada, nor do i have foreign income… but there’s also a deduction for foreign income tax paid. the us is the only country in the world that taxes income made in another country when the person doesn’t live there anymore…. you have to swear off your citizenship to the us and they don’t give it back is what i’ve been told

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