Press Release: CRA : Niagara-on-the-Lake Resident Fined $168,235 and Sent to Jail for Tax Evasion

ST. CATHARINES, ONTARIO--(Marketwired - July 27, 2016) - The Canada Revenue Agency (CRA) announced today that on July 25, 2016, William Mori of Niagara-on-the-Lake, Ontario, was sentenced, in the Ontario Superior Court of Justice in St. Catharines, to four months in jail for each count of tax evasion, to be served consecutively, and a fine of $168,235. On April 29, 2016, Mori was found guilty of three counts of income tax evasion. The court imposed fine represents 75% of the taxes evaded. In addition to the fine, Mori will have to pay the full amount of tax owing, plus related interest and any penalties assessed by the CRA.