Shiraz Kaba of Shiraz Kaba & Company Ltd was sentenced in Vancouver Provincial Court after pleading guilty to the four counts on Thursday, according to the Canada Revenue Agency (CRA). He was fined $72,020. The fraud resulted in the evasion of $47,392 in federal tax payable and overpayments of $18,365 in Canada child tax benefits and $6,263 in goods and services tax credits.
VANCOUVER – A South Asian tax preparer from Vancouver has been fined $72,020 and given a year in jail for two counts of making false statements and two counts of income tax evasion, largely for his clients.
Shiraz Kaba was sentenced in Vancouver Provincial Court after pleading guilty to the four counts on Thursday, according to the Canada Revenue Agency (CRA).
The fine represents 100 per cent of the total federal income tax he attempted to evade on his clients’ tax returns, the CRA said.
A CRA investigation found that Kaba, a tax preparer operating as Shiraz Kaba & Company Ltd., reported $305,112 in false expenses and deductions on the returns of 24 of his clients during the 2010 to 2011 tax years, reported the Vancouver Sun.
The clients were not aware that he reported false expenses and deductions on their tax returns until contacted by the CRA.
The fraud resulted in the evasion of $47,392 in federal tax payable and overpayments of $18,365 in Canada child tax benefits and $6,263 in goods and services tax credits.
Kaba was convicted of similar offences in 2011, the CRA said.
