Constructions Louisbourg Ltd. and Simard-Beaudry Construction Inc. charged
with tax evasion

MONTREAL, Dec. 6 /CNW Telbec/ - Today, charges of tax evasion were laid at the Laval courthouse against Constructions Louisbourg Ltd. and Simard-Beaudry Construction Inc. Both companies are charged with wilfully contravening the Income Tax Act. Their court appearance is scheduled for December 7, 2010 at the Laval courthouse.

The Canada Revenue Agency (CRA) investigation, launched in 2009, determined that Constructions Louisbourg Ltd. evaded paying income tax by claiming a total of $15,334,174 in non-deductible expenses for tax years 2003 to 2008, while Simard-Beaudry Construction Inc. evaded paying income tax by claiming $3,575,335 in non-deductible expenses for tax years 2005 to 2008.

The CRA pursues tax evaders to maintain public confidence in the integrity of the tax system. In this regard, the CRA has set up an internal Construction Industry Working Group in Quebec that tackles non-compliance in this industry.

The information in this news release was obtained from the court records.

 

For further information:

For media information:
Kareen Dionne
Regional Spokesperson
Telephone: [phone], ext. 8288
Toll-free: 1-800-292-3430, ext. 8288