By Survive and Thrive - Wednesday, July 8th, 2009
The Voluntary Disclosures Program (VDP) allows taxpayers to come forward and correct inaccurate or incomplete information or to disclose information they have not reported during previous dealings with the CRA, without penalty or prosecution.
A disclosure may be made for Income Tax and Goods and Services Tax/Harmonized Sales Tax (GST/HST) purposes, as well as for charges under the Softwood Lumber Products Export Charge Act, 2006, or the Air Travellers Security Charge Act.
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Tags: Air Travellers Security Charge Act, Canada Revenue Agency, CRA, goods and services tax, GST, harmonized tax, income tax, Softwood Lumber Products Export Charge Act, Voluntary Disclosure Program, Voluntary Disclosures Program
