Canadian tax expert fined -

Do accountants ever get fined?
----------------------------------------------------------
david ingram replies:
Not only do they get fined, they also go to jail.
Jerome Schneider was an American based in Vancouver who went to
jail in the US after being arrested by the IRS on a trip to San
Francisco.  He turned over 1,000 of his US clients over to the
IRS.  He had been telling them not to report the existence of
offshore accounts which he was setting up for them - find out
more about this at
http://www.centa.com/CEN-TAPEDE/archive/Week-of-Mon-20051010/0020
95.html
 A newer one involves  an accountant from Montreal.
  Prison sentence and $533,251 fine for income tax expert found
guilty of tax fraud
Montréal, Quebec, March 31, 2006
 Christian Avard, an income tax
expert operating under Le Pro de l’impôt, pleaded guilty to tax
evasion charges before the Court of Quebec in Montréal on March
13. He was fined $533,251, which represents 100% of the tax
evaded, and received a fixed 12-month prison sentence.
A Canada Revenue Agency (CRA) investigation showed that for the
tax years 1997 to 2002, Avard encouraged many of his clients to
evade tax by sharing in tax refunds illegally obtained.
Furthermore, without the knowledge of his clients, he claimed
bloated tax refunds to which the taxpayers were not entitled, and
had the refunds mailed to him so he could cash them.
On another count, for the tax years 1997 to 2001, Avard failed to
declare $307,008 of income from his delivery business, thus
evading the payment of $68,742 in income tax with the help of
nominees. On this count he was fined $68,742, which represents
100% of the tax evaded.
Taxpayers found guilty of tax fraud must pay the full amount of
taxes, all related interest, and any civil penalties that apply,
as well as the fine imposed by the Court.
“The vast majority of Canadians pay their taxes in full and on
time. The Canada Revenue Agency has strong and effective programs
to identify those who try to avoid paying what they owe,” said
Michel Dorais, Commissioner of the Canada Revenue Agency.
The information in this news release was obtained from the Court
records.
More information on convictions can be found in the Media room on
the CRA Web site at: www.cra.gc.ca.
--------------
David Ingram's US / Canada Services
US / Canada / Mexico tax, Immigration and working Visa
Specialists
US / Canada Real Estate Specialists
My Home office is at:
4466 Prospect Road
North Vancouver,  BC, CANADA, V7N 3L7
Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
Calls welcomed from 10 AM to 10 PM 7 days a week  Vancouver (LA)
time -  (please do not fax or phone outside of those hours as
this is a home office)
email to taxman at centa.com
www.centa.com www.david-ingram.com
Disclaimer:  This question has been answered without detailed
information or consultation and is to be regarded only as general
comment.   Nothing in this message is or should be construed as
advice in any particular circumstances. No contract exists
between the reader and the author and any and all non-contractual
duties are expressly denied. All readers should obtain formal
advice from a competent and appropriately qualified legal
practitioner or tax specialist for expert help, assistance,
preparation, or consultation  in connection with personal or
business affairs such as at www.centa.com. If you forward this
message, this disclaimer must be included."
Be ALERT,  the world needs more "lerts"
David Ingram gives expert income tax & immigration help to
non-resident Americans & Canadians from New York to California to
Saudi Arabia to Mexico to China or Chile - Cross border, dual
citizen - out of country investments are all handled with
competence & authority.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/20060801/9d6f0787/attachment.htm

Trackback

Trackback URL for this entry: http://www.centa.com/trackback.php/UsCaWeekofMon20060731002815.html

No trackback comments for this entry.

0 comments