Frequently asked questions about voluntary disclosure program – conditions

What are the conditions for a valid voluntary disclosure?

A disclosure must meet the following four conditions in order to qualify as a voluntary disclosure:

    1.  the disclosure is voluntary, e.g. it is made before you become aware of any compliance action taken by the Canada Revenue Agency (CRA) against you;
    2. the disclosure must involve the application, or potential application of a penalty;
    3. the disclosure must include information that is at least one year overdue; and
    4. the information provided in the disclosure must be complete and accurate.