Kelowna Capital News

Failure to file tax returns leads to a $4,000 fine

  - Stock photo/Capital News
— image credit: Stock photo/Capital News

The Canada Revenue Agency says a Kelowna resident, Steven James Merrill, was found guilty earlier this month of failing to comply with a requirement to file his 2006 to 2009 personal tax returns.

Merrill was fined $4,000 and was given until Aug.7, 2013, to pay the fine. He was also ordered to file the outstanding returns by April 12, 2013.

When taxpayers are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they must still file the returns and pay the full amount of taxes owing, plus interest owed, as well as any civil penalties that may be assessed by the CRA.

But taxpayers who have not filed returns for previous years, or who have not reported all of their income, can still voluntarily correct their tax affairs before landing in court.

 

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