Canada Revenue Agency

Canada Revenue Agency

January 15, 2008 15:25 ET

Canada Revenue Agency: Brampton Real Estate Agent Fined for Tax Evasion

BRAMPTON, ONTARIO--(Marketwire - Jan. 15, 2008) - Bradman Lee of Brampton, was found guilty December 14, 2007 on three counts of income tax evasion and four counts of goods and services tax (GST) evasion. He was fined today $43,784 in the Ontario Court of Justice in Brampton.

A CRA investigation revealed that Mr. Lee failed to report $148,623 in real estate commissions he received in the years 1999 to 2001. By failing to report the income Mr. Lee evaded paying $24,593 in federal income taxes. The investigation further revealed that Mr. Lee failed to remit $19,191 in GST from his real estate sales for the years 1999 to 2002.

The fine Mr. Lee received is in addition to any taxes and interest owed, as well as any civil penalties that may be assessed by the CRA.

When individuals or corporations are convicted of tax evasion, they have to pay the full amount of tax owing, plus interest, and any penalties the CRA assesses. In cases of gross negligence, the Income Tax Act and Excise Tax Act allow the CRA to assess a penalty of up to 50% of the unpaid tax or the improperly claimed benefit. In addition, the court may, on summary conviction, fine them 50% to 200% of the tax evaded, and sentence them to a jail term of up to two years.

The information in this news release was obtained from the court records.

Further information on convictions can also be found in the Media Room on the CRA website at

Contact Information

  • Canada Revenue Agency
    Peter Delis
    Communications Manager
    (416) 512-4135