Wednesday, July 31, 2013
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Monday, July 29, 2013
The Charitable donation tax credit calculator now calculates the additional federal tax credit for first time donors.
For donations made after March 20, 2013, qualifying first time donors may receive an additional federal tax credit of 25% on the first $1,000 of monetary donations, over and above the amounts provided in the first calculation below. For details, go to First-Time Donor's Super Credit.
http://www.cra-arc.gc.ca/chrts-gvng/dnrs/svngs/clmng1b2-eng.html?rss
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.
London restaurateur fined for failing to file tax returns
London, Ontario, July 29, 2013 … The Canada Revenue
Agency (CRA) announced today that on July 26, 2013, Wing Sun Samuelson
Ng, also known as Samuel Eng, of London, pleaded guilty in the Ontario
Court of Justice in London, Ontario to two counts of failing to file
personal and corporate income tax returns and one count of failing to
file a HST return. Ng was fined a total of $3,000. The fine has since
been paid in full. All outstanding returns have been filed.
As owner/operator and director of 980407 Ontario Inc., operating as Manchuria Garden, Ng failed to file the corporate income tax return for the 2010 taxation year and one quarterly HST tax return for the period ending February 29, 2012. Ng also failed to file his 2010 personal income tax return. The CRA made several requests for the missing returns before serving Ng with notices demanding that the returns be filed. Failure to comply with these notices resulted in charges being laid.
The preceding information was obtained from the court records.
In addition to the fines imposed by the courts, individuals or corporations convicted of failing to file tax returns are still obligated to file the tax returns and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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 Web site 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.
As owner/operator and director of 980407 Ontario Inc., operating as Manchuria Garden, Ng failed to file the corporate income tax return for the 2010 taxation year and one quarterly HST tax return for the period ending February 29, 2012. Ng also failed to file his 2010 personal income tax return. The CRA made several requests for the missing returns before serving Ng with notices demanding that the returns be filed. Failure to comply with these notices resulted in charges being laid.
The preceding information was obtained from the court records.
In addition to the fines imposed by the courts, individuals or corporations convicted of failing to file tax returns are still obligated to file the tax returns and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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 Web site 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.
Friday, July 26, 2013
Fines for not filing tax returns
Sault Ste. Marie, Ontario, July 26, 2013 … The
Canada Revenue Agency (CRA) announced today that the individuals noted
below pleaded guilty and were sentenced in the Ontario Court of Justice
in Sault Ste. Marie, Ontario, in relation to charges laid by the CRA for
not filing income tax returns.
On July 22, 2013, Gary R. Campbell, of Hilton Beach, Ontario, pleaded guilty to four counts of failing to file his 2007 to 2010 personal income tax returns. As an agent, officer or director of Tricom Marketing Services Inc., 2050626 Ontario Limited, Telad Marketing Services Inc. and 1220163 Ontario Inc., Campbell also pleaded guilty to 22 counts of failing to file corporate returns for various years from 2004 to 2010. He was fined $1,000 per count for a total of $26,000. The judge also issued a compliance order which states that Campbell must file the outstanding corporate tax returns by August 22, 2013 and his personal tax returns by September 23, 2013.
In an unrelated matter, on July 24, 2013, Victoria Bailey, of Sault Ste. Marie, Ontario, as an officer, agent or director of Gryphon Holdings (Sault) Inc., was fined a total of $6,000. Bailey, who pleaded guilty on May 6, 2013, to three counts of failing to file the corporation’s 2008, 2009 and 2010 income tax returns, was fined $2,000 per count. The 2008 and 2009 corporate income tax returns have since been filed. The judge ordered Bailey to file the outstanding 2010 corporate tax return by September 24, 2013.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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.
On July 22, 2013, Gary R. Campbell, of Hilton Beach, Ontario, pleaded guilty to four counts of failing to file his 2007 to 2010 personal income tax returns. As an agent, officer or director of Tricom Marketing Services Inc., 2050626 Ontario Limited, Telad Marketing Services Inc. and 1220163 Ontario Inc., Campbell also pleaded guilty to 22 counts of failing to file corporate returns for various years from 2004 to 2010. He was fined $1,000 per count for a total of $26,000. The judge also issued a compliance order which states that Campbell must file the outstanding corporate tax returns by August 22, 2013 and his personal tax returns by September 23, 2013.
In an unrelated matter, on July 24, 2013, Victoria Bailey, of Sault Ste. Marie, Ontario, as an officer, agent or director of Gryphon Holdings (Sault) Inc., was fined a total of $6,000. Bailey, who pleaded guilty on May 6, 2013, to three counts of failing to file the corporation’s 2008, 2009 and 2010 income tax returns, was fined $2,000 per count. The 2008 and 2009 corporate income tax returns have since been filed. The judge ordered Bailey to file the outstanding 2010 corporate tax return by September 24, 2013.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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.
Thursday, July 25, 2013
Ministers Findlay and Paradis announce taxpayer relief measures for Canadians affected by the disaster in Lac-Mégantic
Ottawa, Ontario, July 25, 2013...The Honourable Kerry-Lynne D.
Findlay, Minister of National Revenue, and the Honourable Christian
Paradis, Minister of International Development, Minister for La
Francophonie, and Member of Parliament for Mégantic – L’Érable,
announced today that taxpayers who have been affected by the disaster in
Lac-Mégantic will have access to the Canada Revenue Agency’s (CRA)
taxpayer relief provisions if they are unable to meet their tax
obligations.
"All Canadians are deeply saddened by the devastation and loss of life that has occurred in Lac-Mégantic. I know that they join me in extending deepest sympathies to those who have been affected by this terrible tragedy," said Minister Findlay. "Our Government understands that this situation may cause great difficulties for affected taxpayers whose primary concerns are their families, homes, and community. Our goal is to ease the burden that taxpayers, including business owners and the self-employed, could be experiencing relating to their filing and payment obligations, so that they can focus on what is important during this difficult time – rebuilding their lives."
"Our community continues to suffer in the wake of this terrible tragedy" said Minister Paradis. "In order for the people of Lac-Mégantic to recover, they must be able to focus on their families, friends, and loved ones. It is of the utmost importance that the residents of our community be supported through every step of the recovery process. This announcement is a way of providing some peace of mind and to assure people that we will take the necessary steps to facilitate the process of healing, grieving, and rebuilding."
The CRA will consider requests for relief from taxpayers who are unable to meet their tax obligations due to the disaster in Lac-Mégantic. The CRA will review these taxpayer relief requests on a priority basis. The CRA’s taxpayer relief provisions use a balanced approach to assist taxpayers in resolving tax issues that arise due to circumstances beyond their control. Under these provisions, taxpayers can apply to the CRA, to have interest and/or penalties waived or cancelled in situations where they are unable to file a tax return and/or make payments on time because of a disaster. Taxpayers should submit their request in writing using Form RC4288, Request for Taxpayer Relief. The CRA will consider these requests on a case-by-case basis.
Impacted businesses can call 1-888-699-0735, extension 6312 for direct support in relation to taxpayer relief or any other federal tax obligation.All Canadians have access to the CRA's taxpayer relief measures and will be considered for relief if they are unable to meet their tax obligations because their lives were disrupted by disasters beyond their control.
For more information, go to www.cra.gc.ca/taxpayerrelief, or call the CRA at 1-800-959-8281 for individual enquiries, or at 1-800-959-5525 for business enquiries.
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.
"All Canadians are deeply saddened by the devastation and loss of life that has occurred in Lac-Mégantic. I know that they join me in extending deepest sympathies to those who have been affected by this terrible tragedy," said Minister Findlay. "Our Government understands that this situation may cause great difficulties for affected taxpayers whose primary concerns are their families, homes, and community. Our goal is to ease the burden that taxpayers, including business owners and the self-employed, could be experiencing relating to their filing and payment obligations, so that they can focus on what is important during this difficult time – rebuilding their lives."
"Our community continues to suffer in the wake of this terrible tragedy" said Minister Paradis. "In order for the people of Lac-Mégantic to recover, they must be able to focus on their families, friends, and loved ones. It is of the utmost importance that the residents of our community be supported through every step of the recovery process. This announcement is a way of providing some peace of mind and to assure people that we will take the necessary steps to facilitate the process of healing, grieving, and rebuilding."
The CRA will consider requests for relief from taxpayers who are unable to meet their tax obligations due to the disaster in Lac-Mégantic. The CRA will review these taxpayer relief requests on a priority basis. The CRA’s taxpayer relief provisions use a balanced approach to assist taxpayers in resolving tax issues that arise due to circumstances beyond their control. Under these provisions, taxpayers can apply to the CRA, to have interest and/or penalties waived or cancelled in situations where they are unable to file a tax return and/or make payments on time because of a disaster. Taxpayers should submit their request in writing using Form RC4288, Request for Taxpayer Relief. The CRA will consider these requests on a case-by-case basis.
Impacted businesses can call 1-888-699-0735, extension 6312 for direct support in relation to taxpayer relief or any other federal tax obligation.All Canadians have access to the CRA's taxpayer relief measures and will be considered for relief if they are unable to meet their tax obligations because their lives were disrupted by disasters beyond their control.
For more information, go to www.cra.gc.ca/taxpayerrelief, or call the CRA at 1-800-959-8281 for individual enquiries, or at 1-800-959-5525 for business enquiries.
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.
Tuesday, July 23, 2013
London corporation and former resident fined for tax evasion
London, Ontario, July 23, 2013… The Canada Revenue
Agency (CRA) announced today that Industrial Waterproof Systems Ltd.
(IWS), of London, Ontario and Craig Beattie, formerly of London,
Ontario, pleaded guilty in the Ontario Court of Justice in London on
July 22, 2013 to a total of three counts of income tax and of Goods and
Services Tax (GST) evasion. They were fined a total of $77,487.
A CRA investigation revealed that IWS issued company cheques to pay for personal household expenses and home improvements for Mr. Beattie, the sole director of IWS. IWS improperly deducted $353,664 for these expenses on its 2006 and 2007 corporate income tax returns. By claiming these deductions the corporation evaded $36,779 of federal corporate taxes for which they were fined $18,390, representing 50% of the amount evaded. The corporation also improperly claimed Input Tax Credits (ITC) related to these same expenses, evading payment of $19,559 in GST. IWS was fined an additional $19,559, 100% of the GST evaded. The corporation’s total fine of $37,948 has been paid in full.
Mr. Beattie did not report $279,176 of personal expenses paid for by the company and cash diverted to his personal bank account on his 2005 to 2007 income tax returns and evaded payment of $79,079 in income taxes. He was fined $39,539 representing 50% of the federal taxes evaded. He was given six months to pay.
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 Canada Revenue Agency. "To maintain that confidence, the Canada Revenue Agency is determined to hold tax evaders accountable for their actions."
When taxpayers are convicted of income tax and GST evasion, they still must repay the full amount of taxes owing, plus interest and any civil penalties that may be assessed by the CRA. The court levied a lower fine after learning that Mr. Beattie cooperated fully with the CRA throughout the investigation. On summary conviction, the court may fine an individual 50% to 200% of the tax evaded, and sentence them to a jail term of up to two years. In cases of gross negligence, the Income Tax Act also allows the CRA to assess a penalty of up to 50% of the unpaid tax or the improperly claimed benefit.
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.
A CRA investigation revealed that IWS issued company cheques to pay for personal household expenses and home improvements for Mr. Beattie, the sole director of IWS. IWS improperly deducted $353,664 for these expenses on its 2006 and 2007 corporate income tax returns. By claiming these deductions the corporation evaded $36,779 of federal corporate taxes for which they were fined $18,390, representing 50% of the amount evaded. The corporation also improperly claimed Input Tax Credits (ITC) related to these same expenses, evading payment of $19,559 in GST. IWS was fined an additional $19,559, 100% of the GST evaded. The corporation’s total fine of $37,948 has been paid in full.
Mr. Beattie did not report $279,176 of personal expenses paid for by the company and cash diverted to his personal bank account on his 2005 to 2007 income tax returns and evaded payment of $79,079 in income taxes. He was fined $39,539 representing 50% of the federal taxes evaded. He was given six months to pay.
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 Canada Revenue Agency. "To maintain that confidence, the Canada Revenue Agency is determined to hold tax evaders accountable for their actions."
When taxpayers are convicted of income tax and GST evasion, they still must repay the full amount of taxes owing, plus interest and any civil penalties that may be assessed by the CRA. The court levied a lower fine after learning that Mr. Beattie cooperated fully with the CRA throughout the investigation. On summary conviction, the court may fine an individual 50% to 200% of the tax evaded, and sentence them to a jail term of up to two years. In cases of gross negligence, the Income Tax Act also allows the CRA to assess a penalty of up to 50% of the unpaid tax or the improperly claimed benefit.
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.
Monday, July 22, 2013
Brampton resident fined for not filing tax returns
Brampton, Ontario, July 22, 2013... The Canada
Revenue Agency (CRA) announced today that on July 19, 2013, Sam
D’Ambrosio, of Brampton, Ontario, pleaded guilty in Ontario Court of
Justice in Brampton to three counts of failing to file a personal income
tax return. He was fined $1,000 per count for a total fine of $3,000.
The fines are in addition to any taxes and interest owed, as well as any
civil penalties that may be assessed by the CRA.
The court found that Mr. D’Ambrosio failed to file personal tax returns for the 2008, 2009 and 2010 tax years. The returns were filed only after charges were laid.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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 be found in the Newsroom 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.
The court found that Mr. D’Ambrosio failed to file personal tax returns for the 2008, 2009 and 2010 tax years. The returns were filed only after charges were laid.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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 be found in the Newsroom 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.
Mississauga tax preparer sentenced for fraud
Brampton, Ontario, July 22, 2013...The Canada
Revenue Agency (CRA) announced today that, on June 14, 2013, Lawrence
Aimurie of Brampton, Ontario pleaded guilty to one count of fraud over
$5,000. On July 18, 2013, Aimurie was sentenced, in the Ontario Superior
Court of Justice in Brampton, to a 12 month conditional sentence and a
fine of $25,000. The first six months of the conditional sentence is to
be served as house arrest, and the remainder is to be served with a
curfew. Aimurie has one year to pay the entire fine.
The CRA investigation revealed that Aimurie, who operated a tax preparation business in Mississauga under the names Lawsco Accounting & Income Tax Services, Cashpal, and Cashpal Financial Management Services Incorporated, prepared and e-filed 186 fraudulent T1 Income Tax returns on behalf of 124 clients from 2006 to 2009. The returns included fraudulent charitable donation claims totaling in excess of $641,000.
Most of Aimurie’s clients admitted to the CRA that they had not made the donations claimed on their returns. Those clients who denied that the donations were false were unable to substantiate the claims with cancelled cheques or legitimate receipts. Some of Aimurie’s clients admitted that Aimurie told them they could participate in a charity program which entitled them to a charitable donation receipt for a particular sum of money after paying only 10 per cent of the receipt’s face value. The receipts were issued in the name of Faith Assemblies International, whose charitable status was revoked by the CRA in 2009. From 2006 to 2009, Faith Assemblies International did not receive any portion of the 10 per cent of the face value of the charitable donations claimed by Aimurie’s clients.
As a result of the false charitable donation claims, Aimurie enabled his clients to evade over $180,000 in federal income taxes.
The preceding information was obtained from the court records.
Taxpayers who claim false expenses, credits or rebates from the government are subject to serious consequences. They are liable not only for corrections to their tax returns and payment of the full amount of tax owing, but also to penalties and interest. In addition, if convicted of tax evasion, the court may fine them up to 200% of the tax evaded and sentence them for up to a five-year jail term.
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 Web site 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.
The CRA investigation revealed that Aimurie, who operated a tax preparation business in Mississauga under the names Lawsco Accounting & Income Tax Services, Cashpal, and Cashpal Financial Management Services Incorporated, prepared and e-filed 186 fraudulent T1 Income Tax returns on behalf of 124 clients from 2006 to 2009. The returns included fraudulent charitable donation claims totaling in excess of $641,000.
Most of Aimurie’s clients admitted to the CRA that they had not made the donations claimed on their returns. Those clients who denied that the donations were false were unable to substantiate the claims with cancelled cheques or legitimate receipts. Some of Aimurie’s clients admitted that Aimurie told them they could participate in a charity program which entitled them to a charitable donation receipt for a particular sum of money after paying only 10 per cent of the receipt’s face value. The receipts were issued in the name of Faith Assemblies International, whose charitable status was revoked by the CRA in 2009. From 2006 to 2009, Faith Assemblies International did not receive any portion of the 10 per cent of the face value of the charitable donations claimed by Aimurie’s clients.
As a result of the false charitable donation claims, Aimurie enabled his clients to evade over $180,000 in federal income taxes.
The preceding information was obtained from the court records.
Taxpayers who claim false expenses, credits or rebates from the government are subject to serious consequences. They are liable not only for corrections to their tax returns and payment of the full amount of tax owing, but also to penalties and interest. In addition, if convicted of tax evasion, the court may fine them up to 200% of the tax evaded and sentence them for up to a five-year jail term.
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 Web site 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.
Monday, July 15, 2013
Statement by the Hon. Kerry-Lynne D. Findlay on her Appointment as Minister of National Revenue
Ottawa – “I am very proud to assume my new duties as Minister of
National Revenue and I am thankful for the responsibility that Prime
Minister Stephen Harper has bestowed upon me. I look forward to
continuing the work of our government to create jobs, stability, and
long-term growth for all Canadians.
I would also like to thank everyone at the Department of National Defence and the brave men and women of our Canadian Armed Forces for their support during my tenure as Associate Minister of National Defence. I am proud to say that I was able to meet many of our service members across the country and I am consistently impressed with the professionalism, courage, and sacrifice which CAF members and their families demonstrate on a daily basis in service to our country.”
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.
I would also like to thank everyone at the Department of National Defence and the brave men and women of our Canadian Armed Forces for their support during my tenure as Associate Minister of National Defence. I am proud to say that I was able to meet many of our service members across the country and I am consistently impressed with the professionalism, courage, and sacrifice which CAF members and their families demonstrate on a daily basis in service to our country.”
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.
Keswick man fined $25,000 for not filing tax returns
Newmarket, Ontario, July 15, 2013... The Canada
Revenue Agency (CRA) announced today that Elliot Fromstein, of Keswick,
Ontario, pleaded guilty, in the Ontario Court of Justice in Newmarket,
Ontario, to 25 counts of failing to file corporate income tax and GST
returns. He was fined $1,000 per count for a total of $25,000.
On May 31, 2013, Fromstein pleaded guilty to one count of failing to file a 2006 corporate income tax return for Oaken Business Services Inc. He was fined $1,000.
On July 10, 2013, as the corporate director, officer or agent, Fromstein pleaded guilty to 21 counts of failing to file corporate returns, for various periods from 2003 to 2010, for the following corporations: Sunkist Enterprises Inc., C, D, E & F Enterprises Inc., Knowble Property Services Inc., Celebration Enterprises Inc., Candlelight International Real Estate Ltd., Cherryleaf Accounting Services Ltd., Oaken Appraisal Services Inc., Oaken Business Services Inc., and Marketing Tools Inc. He was fined $1,000 per count for a total of $21,000.
In addition, Fromstein also pleaded guilty to three counts of failing to file the 2010 GST return for Knowble Property Services Inc.; a 2007 GST return for Cherryleaf Accounting Services Ltd.; and quarterly returns for the period of December 2005 to November 2006 for Oaken Business Services Inc. He was fined $1,000 per count for a total of $3,000.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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.
On May 31, 2013, Fromstein pleaded guilty to one count of failing to file a 2006 corporate income tax return for Oaken Business Services Inc. He was fined $1,000.
On July 10, 2013, as the corporate director, officer or agent, Fromstein pleaded guilty to 21 counts of failing to file corporate returns, for various periods from 2003 to 2010, for the following corporations: Sunkist Enterprises Inc., C, D, E & F Enterprises Inc., Knowble Property Services Inc., Celebration Enterprises Inc., Candlelight International Real Estate Ltd., Cherryleaf Accounting Services Ltd., Oaken Appraisal Services Inc., Oaken Business Services Inc., and Marketing Tools Inc. He was fined $1,000 per count for a total of $21,000.
In addition, Fromstein also pleaded guilty to three counts of failing to file the 2010 GST return for Knowble Property Services Inc.; a 2007 GST return for Cherryleaf Accounting Services Ltd.; and quarterly returns for the period of December 2005 to November 2006 for Oaken Business Services Inc. He was fined $1,000 per count for a total of $3,000.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.
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.
Thursday, July 11, 2013
Mississauga business owner jailed and fined for tax evasion
Brampton, Ontario, July 11, 2013...The Canada
Revenue Agency (CRA) announced today that, on December 21, 2012, a jury
found Najam Mahmood of Mississauga, Ontario, guilty of four counts of
evading personal income taxes and four counts of failing to remit the
Goods and Services Tax (GST). On July 5, 2013, Mahmood, was sentenced,
in the Ontario Superior Court of Justice in Brampton, to one year in
jail and a fine of $687,000 for having evaded federal income taxes of
$475,000.
The CRA investigation revealed that Mahmood, who owned Monetary Investment Group (MIG), a company that provided courses on Foreign Currency Exchange (FOREX) trading, from 2003 to 2006, transferred in excess of $200,000 to his personal FOREX trading accounts in the US, directed some of his students to wire course payments to his personal US bank account and withdrew over $1 million in cash from his many bank accounts. The CRA investigation also revealed that Mahmood did not file his 2003 to 2006 income tax returns and failed to report $3.1 million thus evading $358,588 in income taxes. In addition, Mahmood, failed to register his business for the purpose of collecting GST, but collected $116,412 in GST from his clients and never remitted any of the funds to the CRA.
The information in this news release was obtained from the court records.
“Canadian taxpayers must have confidence in the fairness of the tax system,” said Darrell Mahoney, Assistant Commissioner, Ontario Region, CRA. “To maintain that confidence, the Canada Revenue Agency is determined to hold tax evaders accountable for their actions.”
When taxpayers are convicted of income tax and GST evasion, they still must 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 Web site 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.
The CRA investigation revealed that Mahmood, who owned Monetary Investment Group (MIG), a company that provided courses on Foreign Currency Exchange (FOREX) trading, from 2003 to 2006, transferred in excess of $200,000 to his personal FOREX trading accounts in the US, directed some of his students to wire course payments to his personal US bank account and withdrew over $1 million in cash from his many bank accounts. The CRA investigation also revealed that Mahmood did not file his 2003 to 2006 income tax returns and failed to report $3.1 million thus evading $358,588 in income taxes. In addition, Mahmood, failed to register his business for the purpose of collecting GST, but collected $116,412 in GST from his clients and never remitted any of the funds to the CRA.
The information in this news release was obtained from the court records.
“Canadian taxpayers must have confidence in the fairness of the tax system,” said Darrell Mahoney, Assistant Commissioner, Ontario Region, CRA. “To maintain that confidence, the Canada Revenue Agency is determined to hold tax evaders accountable for their actions.”
When taxpayers are convicted of income tax and GST evasion, they still must 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 Web site 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.
Friday, July 5, 2013
New video: Enhancing service to businesses
Did you know?
The Canada Revenue Agency (CRA) is continuously enhancing its services to make handling your tax matters faster and easier.
Important facts
Recently, the CRA launched a new video, Enhancing Service to Businesses, that provides useful information for business owners on a variety of initiatives aimed at cutting red tape. These include:
To see more videos for businesses, go to www.cra.gc.ca/videogallery.
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.
The Canada Revenue Agency (CRA) is continuously enhancing its services to make handling your tax matters faster and easier.
Important facts
Recently, the CRA launched a new video, Enhancing Service to Businesses, that provides useful information for business owners on a variety of initiatives aimed at cutting red tape. These include:
- Direct deposit – A new direct deposit form, available on the CRA Web site, makes getting refunds quicker and easier. With Form RC366, you can arrange direct deposit refunds for GST/HST, payroll, and corporation income tax all at the same time and all on one form.
- Hiring Credit for Small Business
– This temporary credit, extended for one year, helps small businesses
offset the cost of hiring new employees by crediting up to $1,000 on
their payroll account.
There is no red tape because there is no application form to fill out. If you’re eligible for the Hiring Credit for Small Business, the CRA will automatically calculate the amount of your credit as the difference between the employer's portion of the employment insurance premiums you paid in 2012 and those you paid in 2013. - Represent a Client –The GroupID feature in Represent a Client allows business owners to fill out the RC59 Business Consent Form only once in order to authorize online access for an entire group of employees, such as a payroll department. The form allows a designated group administrator to easily add or remove employees without any extra paperwork.
- Web forms – With this new service, you can now file up to 100 information returns in a single submission.
To see more videos for businesses, go to www.cra.gc.ca/videogallery.
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.
Thursday, July 4, 2013
Harper Government Takes Further Action on Red Tape Priorities of Small Businesses
Toronto, Ontario, July 4, 2013... The Honourable Gail Shea, Minister
of National Revenue and Minister for the Atlantic Canada Opportunities
Agency, today announced a number of improvements to services offered by
the Canada Revenue Agency (CRA) based on consultations with small
businesses and their tax professionals.
The Focussing on Small Business Priorities report reiterates the Harper Government’s commitment to cutting red tape for small and medium-sized enterprises, saving them time and money, and stimulating job creation and growth.
“Our Government is listening to Canada’s small business community and we have already taken real steps to cut red tape so that small businesses across the country can continue to grow and create jobs,” said Minister Shea. “Improved technology put in place by our Government has made it much easier for small businesses to manage their taxes and we are committed to continuing that progress. With this latest suite of improvements, business owners and their tax professionals will have greater access to the online services they are asking for.”
As a result of the feedback received through these consultations, the CRA is making the changes that businesses want and need most. This includes commitments to:
These improvements will build on the success of online services already put in place by the Harper Government. Earlier this year, Minister Shea received the Golden Scissors award from the Canadian Federation of Independent Business (CFIB) for introducing measures that improve services at the CRA and reduce the burden placed on small businesses. This included introducing the My Business Account Enquiries Service, which allows businesses to ask tax questions related to their account online and receive information they can rely on in writing.
“Small businesses are major employers all across Canada, and help to support their communities,” said Plamen Petkov, CFIB Director of Provincial Affairs for Ontario. “The previous improvements at CRA have already made things much easier for business owners. With these new changes to online services our members should be able to spend even less time meeting their tax obligations and more time running their business.”
Launched in October 2012, the Harper Government’s Red Tape Reduction Action Plan introduced systemic reforms to the federal regulatory system to limit regulatory burden and make it more transparent, accountable, and predictable. The plans include 90 changes to eliminate unnecessary paperwork and introduce time-saving measures.
To read the Focussing on Small Business Priorities: Canada Revenue Agency Consultations on Cutting Red Tape report, or for more information on the CRA’s work under the Red Tape Reduction Action Plan, go to www.cra.gc.ca/redtapereduction.
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.
The Focussing on Small Business Priorities report reiterates the Harper Government’s commitment to cutting red tape for small and medium-sized enterprises, saving them time and money, and stimulating job creation and growth.
“Our Government is listening to Canada’s small business community and we have already taken real steps to cut red tape so that small businesses across the country can continue to grow and create jobs,” said Minister Shea. “Improved technology put in place by our Government has made it much easier for small businesses to manage their taxes and we are committed to continuing that progress. With this latest suite of improvements, business owners and their tax professionals will have greater access to the online services they are asking for.”
As a result of the feedback received through these consultations, the CRA is making the changes that businesses want and need most. This includes commitments to:
- Allow businesses to submit payroll enquiries through the My Business Account enquiries service;
- Allow businesses to update business banking and direct deposit information online;
- Improve access to My Business Account by reducing the processing time for a Business Consent Form from 14 days to only 5 days; and
- Increase outreach to businesses to ensure they are aware of less burdensome filing frequency options (for example, filing quarterly rather than monthly).
These improvements will build on the success of online services already put in place by the Harper Government. Earlier this year, Minister Shea received the Golden Scissors award from the Canadian Federation of Independent Business (CFIB) for introducing measures that improve services at the CRA and reduce the burden placed on small businesses. This included introducing the My Business Account Enquiries Service, which allows businesses to ask tax questions related to their account online and receive information they can rely on in writing.
“Small businesses are major employers all across Canada, and help to support their communities,” said Plamen Petkov, CFIB Director of Provincial Affairs for Ontario. “The previous improvements at CRA have already made things much easier for business owners. With these new changes to online services our members should be able to spend even less time meeting their tax obligations and more time running their business.”
Launched in October 2012, the Harper Government’s Red Tape Reduction Action Plan introduced systemic reforms to the federal regulatory system to limit regulatory burden and make it more transparent, accountable, and predictable. The plans include 90 changes to eliminate unnecessary paperwork and introduce time-saving measures.
To read the Focussing on Small Business Priorities: Canada Revenue Agency Consultations on Cutting Red Tape report, or for more information on the CRA’s work under the Red Tape Reduction Action Plan, go to www.cra.gc.ca/redtapereduction.
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.
Tuesday, July 2, 2013
Canadians are filing online in greater numbers this year
Ottawa, Ontario, July 2, 2013... The Canada Revenue Agency (CRA)
announced today, that over 76 per cent of Canadians filed their income
tax return electronically this year, an increase of 17 per cent over
last year. As of June 20, 2013, 20 million Canadians took advantage of
our electronic filing services, which is up from 17 million this time
last year. Electronic filing is quickly increasing in popularity as tax
filers discover how convenient, easy, and secure filing online really
is.
The average Canadian received a refund of $1,641 during the 2012 tax-filing season – an increase of $22 per person since the previous filing season. Several credits are available to Canadians, including the new family caregiver amount, introduced this year. This new tax credit helps those looking after a dependant with a physical or mental impairment. Eligible tax filers can claim up to an additional $2,000 in the calculation of certain non-refundable tax credits through this initiative.
The CRA's electronic services are useful to Canadians year-round, not only during peak tax season. This year, from April 2012 to March 2013, over 546,000 new users signed up for My Account and almost 425,000 new users joined Quick Access. Applications such as My Account and Quick Access allow you to track your refund, monitor your benefit and credit payments, view your registered retirement savings plan information, set up direct deposit, and much more. For more information on electronic services, go to www.cra.gc.ca/electronicservices.
The CRA thanks all Canadians who filed their income tax and benefit return on time. If you missed the April 30 filing deadline, it is in your best interest to file as soon as possible to receive benefit payments such as the GST/HST credit or the Canada child tax benefit, and to avoid paying more penalties and interest charges.
Community volunteer income tax program—volunteers assisted in completing over 567,000 returns for fellow Canadians.
CRA's Individual Income Tax Enquiries Line agents answered 2,981,000 calls.
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.
The average Canadian received a refund of $1,641 during the 2012 tax-filing season – an increase of $22 per person since the previous filing season. Several credits are available to Canadians, including the new family caregiver amount, introduced this year. This new tax credit helps those looking after a dependant with a physical or mental impairment. Eligible tax filers can claim up to an additional $2,000 in the calculation of certain non-refundable tax credits through this initiative.
The CRA's electronic services are useful to Canadians year-round, not only during peak tax season. This year, from April 2012 to March 2013, over 546,000 new users signed up for My Account and almost 425,000 new users joined Quick Access. Applications such as My Account and Quick Access allow you to track your refund, monitor your benefit and credit payments, view your registered retirement savings plan information, set up direct deposit, and much more. For more information on electronic services, go to www.cra.gc.ca/electronicservices.
The CRA thanks all Canadians who filed their income tax and benefit return on time. If you missed the April 30 filing deadline, it is in your best interest to file as soon as possible to receive benefit payments such as the GST/HST credit or the Canada child tax benefit, and to avoid paying more penalties and interest charges.
2012 tax-filing season statistics:
| June 20, 2013 | June 21, 2012 | Change | |
|---|---|---|---|
| Total received | 26.1 | 25.8 | Increase of 1% |
| Electronic | 20.0 | 17.0 | Increase of 17% |
| Paper | 6.2 | 8.8 | Decrease of 29.5% |
Community volunteer income tax program—volunteers assisted in completing over 567,000 returns for fellow Canadians.
CRA's Individual Income Tax Enquiries Line agents answered 2,981,000 calls.
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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