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Court of Appeal upholds tax evasion sentence
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The Court of Appeal today (September 25) dismissed an appeal against
a 12-month jail sentence by a property owner in respect of his tax
evasion convictions.
Mr Lo Wang-kay, 75, was convicted by the District
Court on June 25 of offences contrary to section 82(1)(a) and 82(1)(d)
of the Inland Revenue Ordinance (IRO).
He was also convicted for submitting a false written
reply to the department's request for information on the use of
the car parking spaces, contrary to section 82(1)(e) of IRO.
The total amount of tax evaded was $244,851.
The Appellant rented out a residential flat and
three car parking spaces and received monthly rental through his
bank account during the six years of assessment 1997-98 to 2002-03.
In his tax returns for those six years, he declared that none of
his properties were rented out.
A spokesman for the Inland Revenue Department
reminded taxpayers that tax evasion was a criminal offence under
the ordinance. Upon conviction, the maximum penalty for each offence
is three years' imprisonment and a fine of $50,000 plus a further
fine of three times the amount of tax evaded.
Ends/Tuesday, September 25, 2007
Issued at HKT 15:30
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