A businessman from Upper
Kingsclear, Michael Bruce Newman, has been fined more than 138 thousand dollars
in Fredericton after pleading guilty to nine tax evasion
charges.
Newman evaded personal income
taxes totaling 99 thousand dollars for the 2007 to 2009 tax years. He also
evaded over 39 thousand dollars HST between September of 2007 and December of
2009.
A
Canada Revenue Agency investigation revealing he didn’t report any business
income or HST during these years.
Newman operated a consulting
business and also acted as a sub-contractor. He was hired to supply tandem
trucks, tractor trailers, excavators and survey crews on construction sites.