Can the amount of the transitional income for a taxation year be the minimum amount that must be paid annually to the annuitant of a RRIF under subsection 146.3(1)? CRA responded:
[A]n amount withdrawn from a RRIF to benefit from the transitional rule set out in subsection 207.05(4) is an amount that the issuer paid to the annuitant and that may be taken into account in satisfying the minimum amount requirement described in subsection 146.3(1) respecting the RIF.