WeirFoulds LLP has established itself as one of Canada’s premier regional law firms and has provided strategic, cost-effective and innovative legal advice to our clients since 1860. We partner with our clients to offer full access to our business acumen and insights in four broad areas of practice: (1) Corporate; (2) Litigation; (3) Property; and (4) Government.
The Canada Revenue Agency's Voluntary Disclosures Program (VDP) gives taxpayers a way to voluntarily come forward to put their tax affairs in order and correct past non-compliance.
The Canada Revenue Agency's Voluntary Disclosures Program
(VDP) gives taxpayers a way to voluntarily come forward to put
their tax affairs in order and correct past non-compliance.
Taxpayers who use this program must pay any taxes owing, but they
can avoid costly penalties and prosecution, and may also be
entitled to partial interest relief.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.