Draft Information Circular IC00-1R6 – Voluntary Disclosure Program, Released by the CRA for Discussion Purposes Only

The CRA has released Draft IC00-1R6 – Voluntary Disclosure Program for discussion purposes only.  If published in its current form, IC00-1R6 would drastically alter the existing scope and parameters of the CRA’s voluntary disclosure program.

Draft IC00-1R6 here: https://www.canada.ca/en/revenue-agency/campaigns/ic00-1r6-voluntary-disclosures-program.html

Prepared by: Asif Abdulla

Asif Abdulla is an associate working out of the Vancouver office of Thorsteinssons LLP. He practices in the area of domestic and international tax planning for individuals, trusts, corporations and other private enterprises with a view to achieving tax efficiency… more »