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ARTICLE · 15 SEPTEMBER 2025

Material Changes To CRA's Voluntary Disclosures Program

WeirFoulds LLP
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On September 10, 2025, the CRA released new circular IC00-1R7 and updated its GST/HST Memorandum 16-5-1 for its Voluntary Disclosures Program (VDP) that will apply to VDP applications...

CanadaTax
Ryan Morris
Ryan Morris
Michael Ding
Michael Ding
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On September 10, 2025, the CRA released new circular IC00-1R7 and updated its GST/HST Memorandum 16-5-1 for its Voluntary Disclosures Program (VDP) that will apply to VDP applications received on or after October 1, 2025. The changes between new circular IC00-1R7 and updated GST/HST Memorandum 16-5-1 are largely consistent. The previous circular IC00-1R6 and the previous version of the GST/HST Memorandum 16-5-1 will continue to govern until September 30, 2025.

The following are several significant changes to the VDP guidelines that tax advisors should be aware of:

1. The new guidelines confirm the application of the VDP program to disclosures related to recently introduced taxes under the Greenhouse Gas Pollution Pricing Act, Select Luxury Items Tax Act, Underused Housing Tax Act, Digital Services Tax Act, and the Global Minimum Tax Act.

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