Failed to Report $84,046 In PST Collected From Customers
TORONTO, March 5 /CNW/ - The president of a company that operated a
downtown Toronto pub has been fined $42,023 for failing to report and remit
more than three years' worth of provincial sales tax (PST) collected from
Anthony Mutch and 1421272 Ontario Inc. were convicted on January 11 of
failing to report a total of $84,046 in PST between January 2001 and
January 2004. The company operated the Element Bar at 553 Queen St. W.,
Toronto. Justice of the Peace James Bubba fined Mutch $42,023, plus a $10,510
surcharge to the Ontario Victims' Justice Fund.
Charges were laid after a ministry investigation confirmed the shortfall.
The judge gave Mutch a year to pay the fine. The corporation - which is no
longer operating - was given a suspended sentence.
In addition to court fines and surcharges, convicted business owners must
repay all taxes owing, plus substantial civil negligence penalties and
The Ministry of Finance operates a Voluntary Disclosure Program.
Corporations and individuals may come forward and voluntarily report past
violations of provincial tax laws, and pay any amount owing. Prosecution and
civil negligence penalties are waived in such cases. To qualify for immunity
from prosecution and penalties, however, a disclosure must be voluntary - it
cannot be prompted by a request for access to a taxpayer's business records or
other ministry enforcement action.
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For more information visit www.fin.gov.on.ca
For further information:
For further information: Scott Blodgett, Ministry of Finance, (416)