Labrador man fined for failure to file tax returns
Happy Valley-Goose Bay, Newfoundland and Labrador, October 29, 2009 ... Makkes Penashue of North West River, Labrador, pleaded guilty October 27 in Happy Valley-Goose Bay Provincial Court to two counts of failing to file his personal income tax returns for the 2005 and 2006 tax years. Mr. Penashue was fined a total of $1,000 on the two counts.
The Canada Revenue Agency (CRA) made several requests for the missing tax returns before serving a notice demanding that the return be filed. Failure to comply with the notice resulted in the charges being laid. The missing returns have since been filed and Mr. Penashue was given 90 days to pay the fine.
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.
The information in this news release was obtained from the court records.
Further information on convictions can be found in the Media room on the CRA website at http://www.cra-arc.gc.ca/convictions/index.html.