Former Vic resident jailed for income tax evasion

Denis Wilson was ordered to serve a conditional sentence of two years less one day and fined $62,676

  • Aug. 12, 2014 9:00 a.m.

A former Victoria resident has plead guilty to income tax evasion in the Ontario Court of Justice in Ottawa.

Denis Wilson was ordered to serve a conditional sentence of two years less one day, including house arrest and 80 hours of community service.

He was fined $62,676, representing 75 per cent of the taxes evaded.

A CRA investigation determined that from 2006 to 2011, Wilson prepared income tax returns for 14 clients, in which he overstated business losses. Some of the businesses were non-existent or were, in fact, hobbies of the taxpayers.

This caused his clients to evade federal income tax in the amount of $83,568. Wilson gained his clients’ trust by falsely representing himself as a former CRA employee.

His clients were unaware that he made false claims on their returns.

When taxpayers are convicted of income tax evasion, they must still repay the full amount of taxes owing, plus interest and any civil penalties that may be assessed by the Canada Revenue Agency. In addition, the court may fine them up to 200 per cent of the taxes evaded and impose a jail term of up to five years.

 

Just Posted

Pandora supervised consumption site has busy first month

Site whose aim is to save lives takes on a new client-driven name: The Harbour

Project provides barrier to suicides at hospital parkade

VIHA budgets $650,000 for work at Royal Jubilee Hospital parkade

Our Place celebrates Christmas in July

Afternoon barbecue serves up turkey burgers and Santa hats under the hot sun

Pedestrian struck on Quadra Street

A pedestrian was struck by a vehicle on Quadra Street at Hulford… Continue reading

Police respond after dog left in vehicle at the movies

West Shore RCMP determined the animal was not in distress

VIDEO: Trudeau shuffles familiar faces, adds new ones to expanded cabinet

Justin Trudeau shuffles his front bench Wednesday to install the roster of ministers that will be entrusted with leading the Liberal team into next year’s election.

Woman charged after eight dogs seized from hotel room

Sixteen dogs recently seized from Adams and her daughter in Quesnel

Owner of B.C. fruit stand recounts ‘flames popping up everywhere’ from wildfire

The Mount Eneas wildfire is burning at about 200 hectares south of Peachland

Ontario, Saskatchewan premiers join together to oppose federal carbon plan

Saskatchewan is already involved in a court case over the tax

For-profit ridesharing legislation long overdue: BC Conservatives

Interim party leader Scott Anderson said the provincial government should step out of the way

After cave rescue, soccer boys pray for protection at Thai temple

On Wednesday evening, the boys and coach were released from hospital

Gymnastics sex abuse victims join hands, accept courage award at ESPYs

The women who spoke out against the abuse by Larry Nassar stood together Wednesday night

Wildfires erupt in B.C. Okanagan forcing evacuation orders and a highway closure

Check out a list of up-to-date information on blazes happening within the Kamloops Wildfire Centre.

‘Amazing Race Canada’ competitors face B.C. challenge

They drove Corvettes, mastered falconry basics, and ate blueberry pie in the Cowichan Valley

Most Read