Title What other conditions are attached to VTDP?
Description

  1. VTDP only applies to a disclosure resulting in payment of taxes. The person shall not be granted relief which may result into a refund of taxes paid on or before the VTDP window or which may lead to an increase in their tax credit or loss carried forward.

  2. A person granted relief under the programme shall not be prosecuted on the same set of facts in respect of the fully disclosed and paid taxes.

  3. A person granted relief in accordance with the provisions of the VTDP shall not appeal or seek any other remedy with respect to the taxes, penalties and interest remitted by the Commissioner.

Category Voluntary Tax Disclosure Programme