Mississauga resident fined for not filing tax returns

Mississauga resident fined for not filing tax returns

Brampton, Ontario, July 8, 2014... The Canada Revenue Agency (CRA) announced today that on July 4, 2014, Peter McCallion of Mississauga, Ontario, pleaded guilty in the Ontario Court of Justice in Brampton to five counts of failing to file corporate tax returns, six counts of failing to file GST/HST returns and four counts of failing to file personal income tax returns.  McCallion was fined $1,000 per count, for a total of $15,000 and has 27 months to pay the fine.  All outstanding returns have been filed.  
As director of 100 Emby Drive Inc., McCallion failed to file corporate tax returns for the 2008 to 2012 taxation years.  McCallion, also a real estate agent, failed to file six quarterly GST/HST returns between January 2009 to June 2011 and his 2009 to 2012 personal income tax returns.  The CRA made several requests for the missing returns before serving McCallion with notices demanding that the returns be filed.  Failure to comply with these notices resulted in the charges being laid.
The preceding information was obtained from the court records.
When individuals or corporations are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the tax return and pay the full amount of taxes owing, plus interest, as well as any civil penalties that may be assessed by the CRA.

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