Canada Revenue Agency

Canada Revenue Agency

December 23, 2009 10:41 ET

Markham Realtor Fined $68,000 for Tax Evasion

NEWMARKET, ONTARIO--(Marketwire - Dec. 23, 2009) - On December 11, 2009, Claudette Walker of Markham, pleaded guilty in the Ontario Court of Justice in Newmarket to a total of four counts of tax evasion. She was fined a total of $68,000. In addition to the fines imposed by the courts, individuals or corporations, convicted of failing to file tax returns, are still obligated to file the tax returns and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the Canada Revenue Agency (CRA).

A CRA investigation revealed that Walker, a self-employed real estate agent, failed to report income of $215,412 on her 2002 to 2004 income tax returns.. Furthermore, by not filing income tax returns for 2005 and 2006, she did not report taxable income of $121,609 in 2005 and $78, 966 in 2006. In total, Walker pleaded guilty to evading federal income taxes of $70,000 and was fined $35,000.

Walker also pleaded guilty to not remitting a total of $35,135 in GST from January 2002 to December 2006 and was fined $33,000.

Individuals who have not filed returns for previous 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 Agency starts any action or investigation against them. These individuals may only have to pay the taxes owing, plus interest. More information on the Voluntary Disclosures Program (VDP) can be found on the CRA's website at www.cra.gc.ca/voluntarydisclosures

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.gc.ca/convictions

Contact Information

  • Kim Hynes
    Manager, Communications
    705 671-0594