What is not accepted under the Voluntary Disclosure Program (VDP)?
Disclosures relating to any of the following are not accepted under Voluntary Disclosure Program (VDP):
- bankruptcy returns;
- income tax returns with no taxes owing or with refunds expected;
- elections;
- advance pricing arrangements;
- rollover provisions; and
- post-assessment requests for penalty and interest relief.
What are the conditions for a valid voluntary disclosure?
Who can make a voluntary disclosure?
How can I make a voluntary disclosure?
What is accepted under the voluntary disclosure program (VDP)?
What is the effective date of disclosure?
Can I make a disclosure through Voluntary Disclosure Program (VDP) more than once?
Can I make an anonymous disclosure through Voluntary Disclosure Program (VDP)?
What is “named” disclosure method?
The list of FAQ was provided by Proccounting Inc, a firm that helps many Canadians solve their tax problems.