article banner
Tax Alerts

Proposed changes to the voluntary disclosure program

The voluntary disclosure program (VDP) was put in place to promote compliance with Canada's tax laws by encouraging taxpayers to voluntarily come forward and correct inaccurate or incomplete information, or to disclose information not previously reported. Currently, taxpayers can apply to the CRA to ask for relief from prosecution and penalties.

The VDP applies to disclosures relating to income tax, excise tax, excise duties, source deductions and GST/HST, as well as charges under the Air Travellers Security Charge Act and Softwood Lumber Products Export Charge Act, 2006.

Find out more about the proposed changes to the voluntary disclosure program. [ 230 kb ]