Orleans Restaurant Owner Convicted of Tax Evasion



    Court Orders $39,249 Fine

    TORONTO, June 2 /CNW/ - The owner of Eastern City, a restaurant in
Orleans, has been fined $39,249 for failing to report and remit Retail Sales
Tax (RST) collected by the corporation from its customers between April 2003
and September 2006.
    Henry Young, aka Chung-Hang Young, of Nepean pleaded guilty to the charge
under the Retail Sales Tax Act on May 14 in the Ontario Court of Justice in
Ottawa. In addition to the fine, he must pay a $9,812 surcharge to the
Victims' Justice Fund.
    The corporation, 1497285 Ontario Limited and Angelis Mok, spouse of
Young, also pleaded guilty to Retail Sales Tax Act charges and received
suspended sentences.

    
    QUICK FACTS

    -   In addition to court-imposed fines and surcharges, businesses
        convicted of tax offences must repay any taxes owing plus civil
        negligence penalties and interest, if any
    -   Under the Ministry of Revenue's voluntary disclosure program,
        corporations and individuals may come forward and voluntarily report
        past violations of provincial tax laws and pay any amounts owing
        -  Prosecution and civil negligence penalties are waived in such
           cases
        -  To qualify for immunity from prosecution and penalties, a
           disclosure must be truly voluntary - it cannot be prompted by a
           request for access to a taxpayer's business records or other
           ministry enforcement action.

    LEARN MORE

    Read about Retail Sales Tax (http://www.rev.gov.on.ca/english/taxes/rst/)
    Learn more about voluntary disclosure
(http://www.rev.gov.on.ca/english/bulletins/general/voldisclosure.html)

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                                                          ontario.ca/revenue
                                                      Disponible en français
    





For further information:

For further information: Media Inquiries: Scott Blodgett: (416)
325-0324; Public Inquiries: 1-866-668-8297

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