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Surrey developer sentenced for tax evasion

The Canada Revenue Agency headquarters in Ottawa is shown on November 4, 2011. The Canada Revenue Agency says it won't hesitate to investigate new evidence of offshore tax evasion in the wake of a second massive leak of tax-haven financial records. The leak of some 13.4 million records, dubbed the Paradise Papers, lifts the veil on the often murky ways in which the wealthy --including more than 3,000 Canadian individuals and entities -- stash their money in offshore accounts to avoid paying taxes. THE CANADIAN PRESS/Sean Kilpatrick
Summary

Rajinder Singh Mann is sentenced to house arrest, community service, and fines

SURREY (NEWS 1130) – A real estate developer based in Surrey has been sentenced to nine months house arrest, 150 hours of community service, and nearly half-a-million dollars in fines for tax evasion.

The Canada Revenue Agency says Rajinder Singh Mann pleaded guilty in late January.

He’s the sole director and shareholder of Millennium Century Investments — and failed to report $462,092 in GST and HST collected on the sale of 44 units in a townhouse complex in Maple Ridge.

All of the units were sold between May 2010 and October 2011.