Feigenbaum Law

Voluntary disclosures

voluntary disclosures program

Tax Disputes & Litigation

Potential Changes to the Voluntary Disclosures Program

The Voluntary Disclosures Program (VDP) is in the crosshairs as the Canada Revenue Agency, and federal government more broadly, continue to target tax evasion and avoidance by the wealthiest Canadians. How the Voluntary Disclosures Program operates In its current framework, the VDP attempts to encourage tax compliance by individuals and other entities that would like to correct any errors or omissions in their past returns. Eligible taxpayers must pay any taxes owing, but may… Read More