Quote:
Originally Posted by Sluggo
It would be a good time for the government to be lenient to people who reveal their funds now and warn those that don't that the penalty will increase. I'm sure that news of the circulating lists and the raiding of the Cyprus tax haven has them worried.
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This already exists. It's called the Voluntary Disclosure Program.
http://www.cra-arc.gc.ca/gncy/nvstgtns/vdp-eng.html