Canada Revenue Agency

Canada Revenue Agency

September 28, 2009 11:59 ET

Canada Revenue Agency: Not Keeping Proper Books and Records Costly for Markham Businessman

NEWMARKET, ONTARIO--(Marketwire - Sept. 28, 2009) - Anthony Ho Shue, of Markham, pleaded guilty in Ontario Court of Justice in Newmarket, on September 22, 2009, to one charge of failing to keep proper books and records as required by the Income Tax Act. He was fined $16,500, which was paid immediately.

The Income Tax Act requires that business owners keep books and records in such a form as to allow taxes payable to be properly determined by the Canada Revenue Agency (CRA). The charge and conviction relates to incomplete or inaccurate books and records kept by Ho Shue, relating to his sole proprietorship known as Future Connections, for tax years 2001 and 2002.

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 www.cra-arc.gc.ca/convictions

Contact Information

  • Canada Revenue Agency
    Kim Hynes
    Manager, Communications
    705-671-0594