Précis: Mr. Lin was one of two shareholders of a restaurant in Hamilton operating as “Sushi Star” (1647208 Ontario Inc.). The other shareholder of Sushi Star was Mr. Chen. Mr. Chen also was a shareholder of a restaurant in Kitchener operating as “Sushi Stars” (1773548 Ontario Inc.). Mr. Lin was not a shareholder of Sushi Stars. Both restaurants were assessed for unreported sales (Sushi Star – 2009 and 2010; Sushi Stars – 2010 and 2011). Both Mr. Lin and Mr. Chen were assessed shareholder benefits. All of the taxpayers were assessed penalties.
Lin v. The Queen (February 12, 2020 – 2020 CTC 26, Bocock J.).READ MORE »