Acoustique de l'Estrie fined $48,566



    SHERBROOKE, QC, June 3 /CNW Telbec/ - Acoustique de l'Estrie Inc. of
Stoke, was found guilty today of tax evasion before the Court of Quebec. It
was fined $48,566.
    The Canada Revenue Agency (CRA) investigation showed that for the 2002 to
2005 taxation years, Acoustique de l'Estrie Inc. claimed false expenses in
order to pay salaries which were subsequently not declared. With this scheme,
the company enabled third parties to evade $64,754 in federal tax.
    In addition to the fines imposed by the Court, Acoustique de l'Estrie
Inc. will have to pay the full amount of taxes owing as well as all related
interest and penalties.
    "The overwhelming majority of Canadians pay their taxes in full and on
time," said William V. Baker, Commissioner of the CRA. "In fairness to them,
the Canada Revenue Agency makes sure that people who try to avoid paying taxes
are held to account."
    Individuals 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 will not be penalized or prosecuted if they make a full
disclosure before the Agency starts any action or investigation against them.
These individuals 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-arc.gc.ca/voluntarydisclosures.
    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 Web site at www.cra.gc.ca/convictions.




For further information:

For further information: Christiane Joachim, Communications Manager,
(514) 283-2464, ext. 8288, 1-800-292-3430, ext. 8288


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