Tuesday, November 24, 2015

THE DISAPPEARED INCOME

The court was told that Herb Metcalfe, Ottawa lobbyist and senior federal Liberal strategist,  received payments and benefits from 2002 to 2006 totalling $1,366,411, which he did not report on his personal income tax returns.  The revenue agency said Metcalfe prepared his returns each year by hand, and knew – or was wilfully blind to the fact – that the income he received was taxable and was required to be reported on his returns.
 

2 comments:

  1. But it has all been about the conservative Duffy! Duffy! Duffy! story for months and months...*crickets * on this, the Librano theft of taxpayer dollars by the MSM.

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  2. Tax evaded = $1,366,411
    Fine = $ 396,259

    I looked high and low in this story, but I can't find any mention about the $970,152 deficiency between the amount pocketed and the fine. Was the evaded amount paid back? If not, then the "sentence" doesn't hurt very much, does it? I would gladly stay home for a year if I could get away with $970,152 in avoided taxes.

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