The Meaning of “Voluntary” for Purposes of the Voluntary Disclosure Program

The Canada Revenue Agency’s (CRA) voluntary disclosure program (VDP) allows taxpayer to correct inaccurate or incomplete information or disclose unreported information for up to 10 previous years.  On March 1, 2018, the program was divided into two tracks: the general program and the limited program.  Taxpayer’s who fall under the general program will be granted interest relief, will not be …