Xia – Tax Court of Canada finds that a gross negligence penalty applied for failure to check out an exempt receipt theory re tips
5 February 2019 - 12:44am
A well-educated slot attendant at a casino, who doubled his income through the receipt of his share of tips, was subject to a gross negligence penalty for failure to report the tip income given inter alia his failure to consult with anyone respecting his position that the tips were non-taxable as being a share of exempt lottery winnings.
Neal Armstrong. Summaries of Xia v. The Queen, 2019 TCC 30 under s. 5(1) and s. 163(2).