Tag Archives: vdp cra

Taking Part In The Canadian Voluntary Disclosure Program

It is easy to make a mistake if you fill in your tax return without professional help. It could be that you misinterpret what needs to be done, or just don’t put the figures in the right place. In Canada, the Canadian Voluntary Disclosure Program allows residents to contact the CRA and let them know about incorrect » Read More

An Insight Into Voluntary Disclosure Program Canada

Canadian taxpayers with offshore assets and accounts are legally bound to reveal these interests to the Government on their Individual Tax Returns, and file a corresponding Form T1135, Report of Foreign Bank and Fiscal Accounts. If CRA agents discover that someone has not noted an interest in an offshore account or revenue accruing on such » Read More