Marginal note:False statements or omissions
253 Every person who knowingly, or under circumstances amounting to gross negligence, makes, or participates in, assents to or acquiesces in the making of, a false statement or omission in a return, application, form, certificate, statement, invoice or answer (each of which is in this section referred to as a “return”) made in respect of a reporting period or activity is liable to a penalty equal to the greater of $250 and 25% of the total of
(a) if the false statement or omission is relevant to the determination of an amount of duty payable by the person, the amount, if any, by which
(i) that duty payable
exceeds
(ii) the amount that would be the duty payable by the person if the duty were determined on the basis of the information provided in the return; and
(b) if the false statement or omission is relevant to the determination of a refund or any other payment that may be obtained under this Act, the amount, if any, by which
(i) the amount that would be the refund or other payment payable to the person if the refund or other payment were determined on the basis of the information provided in the return
exceeds
(ii) the amount of the refund or other payment payable to the person.
- 2002, c. 22, s. 253
- 2010, c. 25, s. 121
- Date modified: