CRA May Sue UBS
According to a report in the January 7, 2009 edition of the Toronto Star, Canada is in the process of negotiating with Swiss Bank UBS… Read more
Tag: Voluntary Disclosure
UBS Off-Shore Accounts on 60 Minutes
On January 3, 2010, 60 Minutes did a piece on the whistle-blower who tipped off the IRS to the off-shore bank accounts held by Swiss Bank… Read more
Canadian Brokerage Firm Linked to Offshore Accounts
According to a report in the December 14, 2009 The Globe and Mail, the Canada Revenue Agency (CRA) is investigating the involvement of staff from… Read more
2009 a Record Year for Voluntary Disclosures
According to the Minister of National Revenue Jean-Pierre Blackburn, 2009 has been a banner year for the Voluntary Disclosure Program (VDP). As of December 3,… Read more
Call for Reform of Voluntary Disclosure Program
In a column published in the October 27, 2009 edition of the National Post, Diane Francis called for reform of Canada’s Voluntary Disclosure Program (VDP)…. Read more
Tax Preparer Convicted of Fraud
On October 16, 2009, William “Billy” Ankomah was convicted of one charge of fraud over $5,000. He was sentenced to two years of house arrest and… Read more
The Voluntary Disclosure Program and Swiss Bank Accounts
On September 24, 2009, the Canada Revenue Agency (CRA) disclosed that 36 Canadian taxpayers have filed voluntary disclosures related to unreported income earned in… Read more
