Richmond resident fined for not filing tax return
A Richmond resident has been fined $2,000 for failing to file her personal tax return.
Sadie Siu Fung Chen was sentenced Jan. 30 in Richmond Provincial Court after pleading guilty last year to one count of failing to file her 2009 personal tax return and one count of failing to file asset and liability schedules for the years 2005 to 2009. She was ordered to file her outstanding return and asset schedules and to pay the amount owing by April 1.
According to the Canada Revenue Agency, “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. They may not be penalized or prosecuted if they make a valid disclosure before they become aware of any compliance action being initiated by the (Canada Revenue Agency) against them.”