Filing a VDP application - What you need to know
The course offers an overview of the CRA’s voluntary disclosure program (VDP). We will discuss the purpose and objective of VDP, five conditions of valid application and the two categories of VDP. I will share my practical experience and provide a practical perspective on filing VDP applications for different types of tax issues. The course also includes walk through of Form RC199.
29 May 2020, 9:00 AM
1.5 CPD hours
- Introduction and backgrounder
- Principal and purpose of VDP
- Conditions for a valid VDP application
- VDP two categories - Limited and general program
- Practical changes for income tax practitioners
- Where to send VDP applications
- Pre-Disclosure Discussion
- Walk through of Form RC199
WHO WILL BENEFIT:
This seminar is designed for Tax professionals who advise corporations and individuals; work at a Canadian or foreign multinational company as a tax manager or director.
About the Instructor(s)
Affan Khalid, CPA, CA is a Senior Manager in International Tax at MNP LLP. He has over 15 years of experience and provides international tax advice to Canadian and foreign-based multi-nationals with a focus on inbound and outbound tax planning and structuring, including financing structures, acquisitions and dispositions, tax due diligence, reorganizations and cash repatriation strategies. He obtained his BBA from the University of Toronto and have completed In-depth International course and In-depth tax program.