Mr. Speaker, the following is the response from the Canada Revenue Agency, CRA, with regard to the voluntary disclosures program, VDP, for the years 2006, 2007, 2008 and 2009. Please note that the number of disclosures processed may exceed the number disclosures received for particular fiscal years. This is because disclosures processed refers to the processing activity completed during a particular fiscal year, whereas the disclosures themselves may have been received in a different fiscal year.
For fiscal year 2005-06, the CRA has received 7,629 voluntary disclosures.
The total amounts of income disclosed through the VDP are subject to an examination to validate the proper amount of income to report per disclosure. Therefore, the CRA captures the information following this examination. With respect to the 7,314 voluntary disclosures processed, $651 million in unreported income has been indentified.
As the recovery of funds is an ongoing process, the CRA is not able to provide final figures on the amount recovered for this fiscal year in the manner requested.
For fiscal year 2006-07, the CRA has received 9,011 voluntary disclosures.
The total amounts of income disclosed through the VDP are subject to an examination to validate the proper amount of income to report per disclosure. Therefore, the CRA captures the information following this examination. With respect to the 8,244 processed, $614 million in unreported income has been identified.
As the recovery of funds is an ongoing process, the CRA is not able to provide final figures on the amount recovered for this fiscal year in the manner requested.
For fiscal year 2007-08, the CRA has received 9,137 voluntary disclosures.
The total amounts of income disclosed through the VDP are subject to an examination to validate the proper amount of income to report per disclosure. Therefore, the CRA captures the information following this examination. With respect to the 8,400 processed, $777 million in unreported income has been identified.
As the recovery of funds is an ongoing process, the CRA is not able to provide final figures on the amount recovered for this fiscal year in the manner requested.
For fiscal year 2008-09, the CRA has received 10,639 voluntary disclosures.
The total amounts of income disclosed through the VDP are subject to an examination to validate the proper amount of income to report per disclosure. Therefore, the CRA captures the information following this examination. With respect to the 11,393 processed, $766 million in unreported income has been identified.
As the recovery of funds is an ongoing process, the CRA is not able to provide final figures on the amount recovered for this fiscal year in the manner requested.