Tag Archives: VDP

How The VDP Canada Submission Works

Alternatively called Tax Amnesty or Tax pardon, the Voluntary Disclosures Program (VDP) belongs to the Canada Revenue Agency. The CRA uses the VDP Canada program to collect pending taxes from the taxpayers in a respectable manner.  Taxpayers are requested to step forward and correct their tax information and disclose new information they had previously withheld. » Read More

What VDP Canada Requires From Canadians

Do you know anything about the VDP Canada? The VDP or Voluntary Disclosures Program is managed by the Canada Revenue Agency. The program emphasizes compliance with the taxation laws followed in Canada. It is meant for businesses, individuals, employers, residents, non-residents and trusts. Through its VDP Canada program, the CRA motivates all the above mentioned » Read More

The Taxpayer and the Voluntary Disclosure

When a taxpayer feels that the filing of the tax return was not so accurate, there are bound to be fears concerning possibilities of a CRA audit and assessment. This will also be the case for those employers who have not remitted their Sales Taxes or their payroll deductions. It will be a nightmare of » Read More

The Canadian Tax Amnesty Offered by the CRA

Many Canadian taxpayers have come clean with their concealed offshore bank accounts to the CRA as part of the Canadian government’s tax amnesty programs. It has allowed the Canadian Treasury to collect many Canadian Dollars in unpaid taxes. The voluntary disclosure programs or the tax amnesty programs are part of the comprehensive initiative to deter » Read More

Don’t Miss Out A VDP Toronto Opportunity

Providing Accurate Tax Information for VDP Toronto Stating the correct, accurate and right information in your tax returns is very important. The VDP (Voluntary Disclosures Program) allows one to correct any incomplete or inaccurate information. VDP Toronto also allows one to disclose any information which was not reported in any dealings with CRA (Canada Revenue » Read More

Need Tax Amnesty Agents to Help You with the CRA?

The Canada Revenue Agency (CRA) has a Voluntary Disclosures Program to assist taxpayers with disclosing information about prior tax affairs that need to be resolved. If you live in Toronto, the York Region or the Durham Region and you are delinquent due to known inaccuracies, incomplete information or a failure to submit your income taxes, Tax » Read More

Voluntary Disclosure Program (VDP)

As the Canada Revenue Agency (CRA) moves forward to aggressively address non-compliance on unreported income or unfiled taxes, it becomes more important that you need to be aware of the Voluntary Disclosures Programs (VDP) In cases of gross negligence, the Income Tax Act allows the CRA to assess a penalty of up to 50% of the unpaid » Read More