Monday, May 27, 2013

Saint John Businessman Fined For Tax Evasion

A local businessman being slapped with a six-figure fine after pleading guilty to charges of tax evasion. 

Bruce English, the owner of Soil Solutions, an environment dust control business, has been fined over 200-thousand dollars. 

Over 120-thousand dollars for not reporting business income for three years and nearly 100-thousand dollars for making false statements on his HST returns and understating his payable HST for the same three-year period. 

The fine has to be paid within a year and makes up 75% of the taxes he tried to evade.