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What is Voluntary Disclosure ?

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What is Voluntary Disclosure ?

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A voluntary disclosure, also known as tax amnesty or tax pardon, is a method to allow you to deal with unfilled Canadian income tax or GST returns, or unreported income, without incurring penalties or income tax evasion charges or prosecution. We are Toronto taxation lawyers with extensive voluntary disclosure experience, can assist in any Canadian province, and can meet on a confidential basis to discuss your personal or corporate situation. If you make a voluntary disclosure about unreported income Revenue Canada will not penalize you Canada Revenue Agency has a policy that if you make a voluntary disclosure about unreported income they will not penalize you. However you must approach them before any investigation is commenced.

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