Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 8 Sep 1999, p. 16

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18 We Fit Your S6qle FALL FASHION SHOWS #* Oniginally organized by the Chamber of Commerce of Kitchener & Waterloo, the event used to be a highly comâ€" petitive â€" and â€" physically demanding athletic competiâ€" tion. It has now evolved into a funâ€"filled array of games and activities designed to challenge the mind and body, organized by the Chambers of Commerce of Kitchener and Waterloo, Guelph, Cambridge and Elmira/Woolwich Waterloo businessman fined for taxâ€"evasion Corporate Challenge ready to ‘kick butt The 16th annual Chamber Corporate Challenge will be held Sept. 11 this year at Kinsâ€" men Sports Complex in Camâ€" bridge A Waterloo man has been fined $3,000 in Ontario provincial court after being convicted on three counts of failing to file income tax returns. Bong Ho Kim recently The leaves are changing and the kids are back to school. At Conestoga Mall, fall fashion is in full swing. To view what‘s cool this season, don‘t miss our fashion shows! Added Bonus On Saturday, Sept. 11th from 10am â€" 5pm for every $75 spent you‘ll receive, while quantities last, a bottle holder fanny pack with a 600mL Pepsi Product. We‘ll fit your style for fall. Fri. SEPT. 10tTH 6:30 & 7:30rm SAT. SEPT. 11tx 1:00 & 3:00pPm cONnESTOGA MALL Organizers estimate that more than 1,500 participants (organized into 150 teams) from local and area businesses will parucipate in this year‘s games. The fines must be paid within 12 months. "(But) this year‘s Chamber Corporate Challenge will be more of a communityâ€"oriented event, not just a businessâ€"oriâ€" ented event as it has traditionâ€" ally been known, and we‘ve made a number of changes this received the fines said a recent Revenue Canada news release. The charges relate to the 1996 and 1997 corporate income tax returns for Photo year that are taking us in that direction," said the chairâ€" woman of the event‘s orgamzâ€" ing committee, Linda Hart, in a news release "Our theme â€" ‘Be Charitable, Kick Butt‘ â€" puts a greater emphasis on our charitable contributions," Hart said. "And Clarica (Life Insurance Comâ€" pany‘s) involvement as our firstâ€"ever major corporate sponsor is giving us a higher community profile and allowâ€" ing us to concentrate more on our charitable fundraising events." Under the Income Tax Act, anyone who fails to file a return as required, or fails to comply with a court order to file, is guilty of an offence. On summary conviction, that perâ€" son is liable to a fine of between $1,000 and $25,000, or fined and imprisoned for up to 12 months. When people are convicted of failing to file tax returns, in addition to any fines imposed by the courts, they are still obligated to file the returns and pay the full amount of taxes The Chamber Corporate Challenge has become an important community Master Lid., as well as Kim‘s 1997 personal income tax return. Kim is a director of Photo Master Ltd. cyCE &j;\;::% Braun‘s has made a BIG multiâ€"factory purchase of bicycles. If you want or need a new bike, NOW is the time! Yery special pricing on these bikes {limited quantity) 6 months No Interest, No Payments {GAC) You don‘t pay until March 2000! 2 Years parts and labour worranty (see store for details) 300 different bikes purchased â€" kids, rood, hybrid, cruiser and mountain bikes Check them out early to avoid disappointment SEPTEMBER BIKE SALE!! fundraiser and in the last four years has raised more than $60,000 for such charitable groups as the Kitchener and Waterloo Community Foundaâ€" uon, the Cambndge Commuâ€" nity Foundation and Jumior Achievement of Guelph. Team members are also being encouraged to bring in food donations to the Food Bank of Waterloo Region at the beginâ€" ning of this years event Companies interested in parâ€" tcipating in this years Chamâ€" ber Corporate Challenge can suill contact Chns Carsjens at the Chamber of Commerce ol Kitchener & Waterloo at 576â€" 5000, ext. 27. for details Mark Deakin, the director of the Kitchenerâ€"Waterloo Tax Services Office, said in the news release that anyone who has not filed returns for previâ€" ous years, or who has not reported all their income on previous returns, can voluntarâ€" ily correct their tax affairs withâ€" out fear of penalization or prosecution from Revenue Canada. owing, plus interest and penal ties. If an individual makes a full disclosure about their unpaid taxes before Revenue Canada begins any action against them, the individual will only have to pay their taxes owing, plus interest, Deakin said. why!

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