Halifax businessman fined $113,000 for sales tax evasion: CRA

 Halifax businessman fined $113,000 for sales tax evasion: CRA

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A Halifax businessman is facing a fine of more than $113,000 after an investigation revealed he falsified statements on his GST/HST returns.

The Canada Revenue Agency says Pantelis Panagiotis Giannoulis, a hotel and restaurant owner, has been sentenced to pay a fine equivalent to 100 per cent of the taxes evaded — $113,223 — after pleading guilty in Halifax provincial court.

A news release from the revenue agency says that in addition to the court-imposed fine, Giannoulis will have to pay the full amount of tax owing, plus related interest and penalties.

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The federal agency’s investigation revealed from April to September 2012, Giannoulis knowingly filed false GST/HST returns.

Over the two quarterly periods, Giannoulis was supposed to remit the sales tax collected by both of his establishments: the Comfort Hotel Bayer’s Lake and the restaurant then known as the Canadiana Pub and Grill.

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The agency’s investigators found, however, the unreported cash went directly to both the hotel and the restaurant.

This report by The Canadian Press was first published Jan. 6, 2021.

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