Pêcheries Hubert Inc. of Iles-de-la-Madeleine found guilty of tax evasion



    QUEBEC, Sept. 9 /CNW Telbec/ - Pêcheries Hubert Inc., an
Iles-de-la-Madeleine-based lobster transformation and distribution plant,
pleaded guilty today of tax fraud charges before the Court of Quebec. It was
fined $72,028, which represents 50% of the federal tax it tried to evade.
    The Canada Revenue Agency (CRA) investigation revealed that for the 2002
to 2006 taxation years, Pêcheries Hubert Inc. voluntarily omitted to declare
revenues totaling $1,011,820. The investigation also revealed that the
business paid cash for lobsters bought from 18 fishermen, thereby enabling
them to evade a total of $119,937 in income tax.
    In addition to the fines imposed by the Court, Pêcheries Hubert Inc. will
have to pay the full amount of taxes owing plus applicable interest and
penalties.
    "Tax evasion costs all of us," said William V. Baker, CRA Commissioner.
"The job of our investigators and auditors is to make sure that all Canadians
pay the tax they owe."
    Individuals who have not filed returns for past taxation 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 CRA takes any action or opens an investigation. These
individuals will have to pay only the taxes owing, plus interest. More
information on the Voluntary Disclosures Program can be found on the CRA Web
site at www.cra.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 website at www.cra.gc.ca/convictions.




For further information:

For further information: Serge Paradis, Communications Manager, (514)
283-2464, ext. 8225, Toll-free: 1-800-292-3430, ext. 8225


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