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 a partner 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 »