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You are viewing a preserved web page, collected by Library and Archives Canada on 2006-02-04 at 08:45:44. The information on this web page may be out of date and external links, forms, search boxes and dynamic technology elements may not function. For all requests or for support, email archivesweb-webarchives@bac-lac.gc.ca. See all versions of this preserved page.
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Tax tip

March 10, 2005

No penalties for you!

Did you know...

You may have neglected to file an income tax return for a tax year and you owe money to the Crown. If so, you can make a voluntary disclosure, and you will only have to pay taxes owing, plus interest. You will not be charged any penalties and you will not be prosecuted, as long as your disclosure is complete and includes information that is at least one year past due. To take advantage of this service, you must come forward before the Canada Revenue Agency has started an audit, investigation, or other enforcement action.

For more information on voluntary disclosures, visit: www.cra.gc.ca/voluntarydisclosures.


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Date modified:
2005-03-10
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