Clothing retailer admits to tax evasion
Published Tuesday June 16th, 2009
Riverview woman could be fined as much as $27,000
A Riverview businesswoman faces a hefty fine after admitting to tax evasion.
Joanne Côté, 58, who operates Adaptive Creations and More out of her Muncey Drive home, appeared in Moncton provincial court yesterday to enter pleas on four charges under the Income Tax Act. She pleaded guilty to one count of tax evasion and the other charges were dropped.
The court heard Côté's business involves selling clothing to people with special physical needs, such as seniors residing in a special-care home. The federal prosecutor explained she dealt in a couple of different clothing lines and she didn't report her income to the government for sales of one brand of clothing.
In the 2005-06 tax year she failed to report sales of more than $130,000, meaning she avoided paying $27,402.75 in taxes to the government.
The Crown asked for a fine equal to the amount she owed in taxes, while giving her six months to pay. Defence lawyer Dale Briggs asked for a fine totalling half the amount she owed in taxes, which would be approximately $13,700. He pointed out that his client, who has no previous record, already has civil penalties and interest payments related to the tax evasion.
People convicted of tax evasion are also still responsible for paying the government the amount they owe.
Judge Jolene Richard said she would take some time to consider the arguments before passing sentence and adjourned the matter until July 8.
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