By November 27 2017
Tax Law

CRA Tightens the Voluntary Disclosure Program

Click here to view in PDF.

Further to our posting on November 10, 2017, Canada Revenue Agency indicated last week at the Annual Conference of the Canadian Tax Foundation that it may delay implementation of what still amounts to proposed changes to its Voluntary Disclosure Program.  While CRA has given no indication that it will alter the proposals themselves, it is possible that the changes to the Program will not be implemented until the summer of 2018 or even later in the year – we wait.

Invitation for Discussion:

If you would like to discuss this blog in greater detail, or any other business law matter, please do not hesitate to contact one of the lawyers in the Tax Law group at Nerland Lindsey LLP.


 Note that the foregoing is for general discussion purposes only and should not be construed as legal advice to any one person or company. If the issues discussed herein affect you or your company, you are encouraged to seek proper legal advice.

Related Insights

  • Canadian Companies Need to Assess Their “Foreign Private Issuer” Status for SEC Reporting Purposes
  • CSA Staff Says Most Coin/Token Offerings Are Securities
  • Letter of Credit Security and the “Autonomy Principle”
  • OSC Provides Guidance on Hostile Take-Over Bids
  • Trust Residency Post-Fundy
  • Coming Soon – Mandatory Privacy Breach Reporting and Record-Keeping
  • A Reminder for D&O’s re: Civil Liability for Secondary Market Disclosure
  • Canadian Disclosure Requirements for US Marijuana Issuers