London, Ontario, October 9, 2013 … The Canada Revenue Agency (CRA)
announced today that Rob Roy McGregor of London, Ontario, was sentenced
on October 4, 2013, in the Ontario Court of Justice in London, Ontario,
to a fine of $80,000. On March 15, 2013, McGregor pleaded guilty to
three counts of tax evasion. The fine is in addition to any taxes owed,
as well as any interest and civil penalties that may be assessed by the
CRA.
McGregor, a chartered accountant and former vice president of finance
and administration for a London-area tool and mould company, failed to
report a total of $475,251 in taxable income and benefits received from
his former employer in 2000, 2001 and 2002. In doing so, he evaded a
total of $136,931 in federal income taxes.
The preceding information was obtained from the court records.
“Canadian taxpayers must have confidence in the fairness of the tax
system,” said Vince Pranjivan, Deputy Assistant Commissioner of the
Ontario Region of the CRA. “To maintain that confidence, the CRA is
determined to hold tax evaders accountable for their actions.”
When individuals are convicted of income tax and GST evasion, they
must still repay the full amount of taxes owing, plus interest and any
civil penalties that may be assessed by the CRA. In addition, the court
may fine them up to 200% of the taxes evaded and impose a jail term of
up to five years.
Taxpayers who have not filed returns for previous years, or who have
not reported all of their income, can still voluntarily correct their
tax affairs. They may not be penalized or prosecuted if they make a
valid disclosure before they become aware of any compliance action being
initiated by the CRA against them. These taxpayers may only have to pay
the taxes owing, plus interest. More information on the Voluntary
Disclosures Program (VDP) can be found on the CRA's website at www.cra.gc.ca/voluntarydisclosures.
Further information on convictions can also be found in the Media Room on the CRA website at www.cra.gc.ca/convictions.
Canada Revenue Agency
This a a reproduction copy of an official work that is published by the Government of Canada and that the reproduction has not been produced in affiliation with, or with the endorsement of the Government of Canada.
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