Fort Frances man fined $5,000 for failing to comply with tax laws

Fort Frances businessman Eric Rude and the corporation he directed were fined $5,000 on August 22, 2005, in the Ontario Court of Justice for failing to file tax returns.
Kemotron Controls Inc., under the direction of Mr. Rude, pleaded guilty to failing to file its corporate tax returns for the years 2001, 2002, and 2003, for which the court imposed a $3,000 fine.
As an officer, director, or agent for the company, Mr. Rude pleaded guilty to one count of failing to file the company’s 2001 corporate tax return and was fined $1,000.
In addition, Mr. Rude pleaded guilty to one count of failing to file his personal tax return for the 2000 taxation period and was fined $1000.
Under the Income Tax Act, anyone who does not file a return as required, or does not comply with a court order to file, is guilty of an offence.
On summary conviction, the person or corporation is subject to a fine of $1,000 to $25,000 and imprisonment for up to 12 months for each count The fine is in addition to the taxes and interest owed, as well as any civil penalties assessed by the Canada Revenue Agency (CRA).
The CRA will not take action against those who have not complied if they voluntarily come forward, file their returns, and report and pay their taxes owing according to the law before the agency starts any legal action or investigation against them.
To take advantage of the voluntary disclosures program, call 1-807-652-7065 or visit the CRA’s Web site at www.cra.gc.ca/voluntarydisclosures for more information.

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