A-6.002 - Tax Administration Act

Section 59.5.10 Disposition versions

2017-02-08

59.5.10. A person who contravenes section 34.1 or who, knowingly, through carelessness or voluntary omission, assents to, acquiesces in or participates in another person contravening that section incurs a penalty equal to

(a)  $50,000 if the action of the person occurs after the Minister has assessed a penalty payable by the person under this section or section 59.5.11; or

(b)  $5,000 in any other case.

Subject to the third paragraph of section 34.1, a person may not invoke against the assessment of a penalty that the person exercised due diligence to prevent the action from occurring.

2017, c. 1, s. 7.