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What is voluntary disclosure?

Voluntary disclosure is financial or operating information related to an issuers obligations, credit, or operating conditions that an issuer chooses to provide in addition to information required by the issuers Continuing Disclosure Agreements.

How do I submit a voluntary disclosure?

Making a Voluntary Disclosure The form can be submitted by the taxpayer, or by an authorized representative. The completed application can be sent either electronically, (My Account, My Business Account, or Represent a Client), or by mail.

When should you make a voluntary disclosure?

You can do this as soon as you have your DRN . But you must disclose within 90 days of the date that we acknowledge your notification. You can make a disclosure: about your own tax affairs or your companys tax affairs if youre a director, or company secretary.

How do I submit a voluntary disclosure program?

To apply to the VDP, it is best to use Form RC199, Voluntary Disclosures Program (VDP) Application. However, if you prefer, you can send a letter with the same information requested on the form.

When should you make a voluntary disclosure?

You can do this as soon as you have your DRN . But you must disclose within 90 days of the date that we acknowledge your notification. You can make a disclosure: about your own tax affairs or your companys tax affairs if youre a director, or company secretary.

How do I submit a voluntary disclosure program?

To apply to the VDP, it is best to use Form RC199, Voluntary Disclosures Program (VDP) Application. However, if you prefer, you can send a letter with the same information requested on the form.

What is a VDP application?

A: The VDP aims to encourage taxpayers to come forward on a voluntary basis to regularise their tax affairs with SARS and avoid the imposition of understatement penalties and other administrative penalties.

What is voluntary disclosure in taxation?

The Voluntary Disclosure Practice is a compliance option if you have committed tax or tax-related crimes and have criminal exposure due to your willful violation of the law. Taxpayers who participate in the Voluntary Disclosure Practice intend to seek protection from potential criminal prosecution.

What is voluntary disclosure?

Voluntary disclosure is financial or operating information related to an issuers obligations, credit, or operating conditions that an issuer chooses to provide in addition to information required by the issuers Continuing Disclosure Agreements.

How do I submit a voluntary disclosure program?

To apply to the VDP, it is best to use Form RC199, Voluntary Disclosures Program (VDP) Application. However, if you prefer, you can send a letter with the same information requested on the form.

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What is voluntary disclosure?

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How do I submit a voluntary disclosure program?

When should you make a voluntary disclosure?

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How do I submit a voluntary disclosure program?

What is a VDP application?

What is voluntary disclosure in taxation?

What is voluntary disclosure?

How do I submit a voluntary disclosure program?

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