In the Ontario Court of Justice in North Bay, Anna McArthur, of North Bay, pleaded guilty to four counts of failing to fulfill a judge’s orders to file corporate tax returns. As director, officer or agent, McArthur did not file corporate income tax returns for the years 2002 to 2005 for 1135650 Ontario Inc. The [...]
Archive | June, 2011
A RESIDENT OF NORTH BAY WAS FINED FOR NOT COMPLYING WITH A JUDGE’S ORDER TO FILE CORPORATE INCOME TAX RETURNS
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JAILED AND FINED FOR FAILING TO COMPLY WITH COURT ORDER TO FILE
Colin Fox was sentenced, by the Ontario Court of Justice in Hamilton on October 22, 2010, to four months imprisonment and a fine of $2,000 for failure to comply with a court order to file his 2004 tax return. This is the third conviction for failure to file.
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NAPANEE BUSINESSMAN FINED $149,000 AND SENTENCED TO HOUSE ARREST
On December 9, 2010, a guilty verdict was given to Mario Pietrangeli for federal income tax and GST evasion in the Ontario Court of Justice in Napanee. The sentence Peitrangeli received was a 12-month conditional sentence which included four months of house arrest as well as good behavior, keeping the peace, and comply with the [...]
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HOUSE ARREST FOR TAX FRAUD
A conviction of one count of fraud over $5,000 was given to Faiz Khan of Markham on November 26, 2010. Khan received a conditional sentence of two years less a day in the Ontario Court of Justice in Toronto. His punishment consists of eighteen months under house arrest, six months under curfew, two years of [...]
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Stealing From Your Own Business
Many people fail to realize that a corporation is a separate entity, essentially a separate person from the individual who owns the company. And while it is the owner who makes the business decisions, manages the cash flow, etc, the money in the company cannot be freely taken out of the business without any repercussions. [...]
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Voluntary GST/HST Registration
A Harmonized Sales Tax (GST/HST) account only needs to be registered when a business reaches $30,000 in sales either in one quarter or over four consecutive quarters. If you are below this threshold, you do not need to register, but if you have voluntarily registered for GST/HST and your sales are below $30,000 you still [...]
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LARGE FINE FOR MASONRY CONTRACTOR
As a result of charges of tax evasion, Robert Morrison of Holland Centre, Ontario appeared in the Ontario Court of Justice in Owen Sound on December 20, 2010. Mr. Morrison pleaded guilty to three counts of tax evasion and received a fine of $47,344, to be paid within a five year grace period. In addition [...]
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FALSIFIED GST DOUBLES AMOUNT OWED
As a result of attempting to evade GST, Douglas Braund, appeared in the Ontario Court of Justice on December 21, 2010. He pleaded guilty to one count of Goods and Services Tax (GST) evasion and received a fine of $62,033. The fine is equal to 100% of the federal tax evaded. In addition to the [...]
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ATTEMPT TO DIVERT INCOME FAILS
Sylvie Clement, a self-employed human resources consultant, received a $20,000 fine after being found guilty of one count of tax evasion in the Ontario Court of Justice in Ottawa on December 21, 2010. The fine is equal to 50% of the tax evaded. During an investigation by the Canada Revenue Agency (CRA) it became evident [...]
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TAX “EXEMPT” ARGUMENT FAILS AGAIN
On September 21, 2010 James Bradford Medd of Cameron, Ontario appeared in the Ontario Court of Justice in Lindsay, Ontario facing four counts each of Income Tax and Goods and Services TAX (GST) evasion. The charges related to the 2003 through 2006 taxation years. When Mr. Medd was found guilty on September 29, 2010 the [...]
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- Accounting Firm Conspires in Tax Evasion Scheme
- Lakefield plumber fined $173,907 for tax evasion
- $9,000 fine for not filing tax returns
- Newmarket resident fined for not filing tax returns
- General contracting company fined for GST evasion
- STRAFFORDVILLE WOMAN FINED FOR TAX TRICKERY
- FAILURE TO FILE TAX RETURNS RESULTS IN A FINE OF $3,000 FOR LONDON ROOFER
- Guilty of fraud in charitable donations scheme
- A RESIDENT OF NORTH BAY WAS FINED FOR NOT COMPLYING WITH A JUDGE’S ORDER TO FILE CORPORATE INCOME TAX RETURNS
- JAILED AND FINED FOR FAILING TO COMPLY WITH COURT ORDER TO FILE