Saskatoon restaurant fined for tax evasion
Operators of Saskatoon's Red Pepper Restaurant have been ordered to to pay more than $165,000 after being convicted of tax evasion.
Tuyet Thi Huynh, 65, and her husband Bich Dang Nguyen, also 65, recently pleaded guilty in Saskatoon Provincial Court to charges of tax evasion and were fined $28,682, the Canada Revenue Agency said. Tax officals alleged the couple failed to report income from their business.
Court heard that Tuyet Thi Huynh failed to report income totaling $92,525 in 2002 and 2003 and also failed to remit $3,444 in Goods and Services Tax in 2002. She was fined $20,466. Her husband also failed to report income totalling $45,575 in 2002 and 2003 and was fined $8,216.
In addition to the court fines, they must also pay the outstanding taxes plus penalties and interest.
CRA seized records from the business and found that not all cash sales were rung into the restaurant’s cash register.