Quebec City, QC

Quebec City Business owner was fined $648,516 for tax fraud

Montréal, Quebec, March 8, 2017… The Canada Revenue Agency (CRA) announced that Compagnie d’Arrimage de Québec Ltée, of Québec City, pleaded guilty today to one count of tax fraud before the Court of Quebec in Montréal and was fined $648,516.

A CRA investigation revealed that, for the 2009 to 2014 tax years, Compagnie d’Arrimage de Québec Ltée voluntarily contravened the Income Tax Act by making false or misleading statements worth $3,883,887. It used false invoices to claim non-deductible expenses on its tax returns. The false invoices billed to the company were in fact expenses incurred for the construction of the company president’s personal residence.