Sentences with phrase «voluntary disclosure program»

Where applicable conditions are satisfied, the Canada Revenue Agency's voluntary disclosure program offers taxpayers an opportunity to resolve prior non-compliance without penalties or criminal proceedings being pursued.

Co-author, «IRS changes offshore asset voluntary disclosure programs,» Norton Rose Fulbright - Legal update, June 23, 2014

The Committee says that voluntary disclosure program tax relief could be reduced by increasing the period for which full interest must be paid or by denying relief from civil tax penalties.

The CRA voluntary disclosure program allows Canadian taxpayers who have committed a tax wrong, such as failure to file tax returns or deliberate tax evasion by not reporting income, to avoid tax prosecution and civil tax penalties.

The CRA has a voluntary disclosure program that gives Canadians a «second chance» to correct a previously filed tax return or to file one that is late.

The program is called the voluntary disclosures program.

The audit directorate of the Canada Revenue Agency (CRA) administers the voluntary disclosure program in Canada.

I did some on - line research and found out about the voluntary disclosure program, and I retained the firm of Rotfleisch & Samulovitch as my tax lawyers to represent me.

Since joining the firm in 2014 he has quickly gained extensive experience in the dispute resolution process with the Canada Revenue Agency including such issues as director's liability, notices of objection, residency determinations, Appeals to the Tax Court and Federal Court, the voluntary disclosures program and various GST / HST issues.

The CRA's rules for the voluntary disclosure program are laid out in its voluntary disclosures program information circular.

Under both the draft information circular and the Canada Revenue Agency's current information circular relief under the voluntary disclosure program may be considered if a taxpayer: