Quiz: Voluntary Disclosure Program

InHouse Magazine | DECEMBER 8, 2014
Ryan Morris

The Canada Revenue Agency's Voluntary Disclosures Program (VDP) gives taxpayers a way to voluntarily come forward to put their tax affairs in order and correct past non-compliance. Taxpayers who use this program must pay any taxes owing, but they can avoid costly penalties and prosecution, and may also be entitled to partial interest relief.

Watch the video below and download the quiz to test your knowledge.