Saskatoon accountant fined $50K for tax evasion
Robert Tiffin will also have to serve a conditional jail term in the community
A Saskatoon accountant has been fined nearly $50,000 and a nine month conditional jail term after he was found guilty of tax evasion.
A Saskatoon judge found Robert Tiffin, 70, guilty for understating his net professional income from his accounting practice by $204,779 for the 2004 to 2007 tax years.
He was fined $49,561, which was the exact amount of tax he tried to evade.
Tiffin was also sentenced to a jail term of nine-months he will serve in the community as well as 100 hours of community service.
He will be under house arrest for the first month of the order.
The charges were a result of a Canada Revenue Agency (CRA) investigation, which discovered Tiffin's records showed he had the proper information to claim all the money he had made for those four tax years.
According to the CRA people who have not reported all of their income in previous years can correct the problem without being penalized or prosecuted if they make the disclosure before the agency takes action against them.