XN000022-1991-12-02 — Page 12

11

MONDAY, DECEMBER 2, 1991

WITH FOUR

THE FIRST AND SECOND DEFENDANTS WERE JOINTLY CHARGED COUNTS OF OFFENCES RELATING TO FILLING IN FALSE INFORMATION IN THE TAX THE INLAND RETURNS FOR THE COMPANY, CONTRARY TO SECTION 82(1)(G) OF REVENUE ORDINANCE.

THE

THE THE

HAD OVERSTATED THE COURT WAS TOLD THAT THE TWO DEFENDANTS SUB-CONTRACTING CHARGES AND PURCHASES AMOUNTING TO $2,610,262 IN COMPANY'S TAX RETURNS FOR THE YEARS 1985/86 TO 1988/89. TO CREATE

BLANK DELIVERY FALSE TRANSACTIONS, THE TWO DEFENDANTS HAD SOLICITED NOTES, INVOICES AND RECEIPTS FROM A NUMBER OF COMPANIES.

CONSEQUENTLY, THE DEFENDANTS HAD UNDERSTATED THE COMPANY'S PROFITS BY 48 PER CENT AND EVADED TAX AMOUNTING TO $462,268,

+

FULL

YEAR. THE THE TWO DEFENDANTS WERE ARRESTED ON NOVEMBER 4 THIS CASE WAS FIRST HEARD IN THE SOUTH KOWLOON MAGISTRACY ON NOVEMBER 5 AND

DISTRICT COURT. WAS TRANSFERRED TO THE WAN CHAI

REPRESENTED SENTENCES

IS

THE PENAL TAX OF $808,968 IMPOSED ON EACH DEFENDANT

THE IMPRISONMENT 175 PER CENT OF THE TOTAL TAX EVADED. WERE SUSPENDED FOR TWO YEARS ON THE CONDITION THAT PENAL TAX ON OR BEFORE JUNE 2 NEXT YEAR.

A SPOKESMAN FOR THE INLAND REVENUE DEPARTMENT REMINDED

CRIMINAL A

THE OFFENCE. OF THE PUBLIC THAT TAX EVASION IS

IMPRISONMENT AND A FINE OF CUSTODIAL SENTENCE IS THREE YEARS' ON EACH CHARGE, PLUS A FURTHER FINE OF THREE TIMES THE AMOUNT UNDERCHARGED.

PAID

MEMBERS

MAXIMUM

$20,000

OF TAX

LOCKHART ROAD FESTIVAL FUN FOR ALL

* * * * * *

A

LOCKHART ROAD WILL BE CLOSED TO FOR HOLDING

FUN-FOR-ALL

CHAL

(DECEMBER DISTRICT

TRAFFIC ON SUNDAY CARNIVAL, THE WAN OFFICER, MR PETER MANN, SAID TODAY (MONDAY).

8)

THE CHAIRMAN OF THE WAN AT A PRESS CONFERENCE, MR MANN AND

THE CHAI

ANNOUNCED WEST

MR AREA COMMITTEE,

CHAN, DOMINIC

BACKGROUND OF PROGRAMME OF THE FIRST LOCKHART ROAD FESTIVAL AND THE THE EVENT.

THE FESTIVAL,

TO BE HELD

IN A

SECTION

NOON ΤΟ 6

OF

ROAD WILL BE

LOCKHART

PM,

BETWEEN LUARD ROAD AND FLEMING ROAD FROM

MAJOR RECREATIONAL AND COMMUNITY EVENT FOR LOCALS AND VISITORS.

A

MR MANN SAID IT AIMED TO ENHANCE THE

DRAMATICALLY OVER CHANGED

WHICH HAD

THE

OF

CHAI WAN

WHERE

500

REPUTATION OF THE AREA PAST FEW YEARS AND ΤΟ

(MANY TREES

ON

CELEBRATE THE "GREENING" LOCKHART ROAD) HAD BEEN PLANTED THIS YEAR.

"THE FESTIVAL WILL PROVIDE LIVE MUSIC, FOOD AND DRINKS, ENTERTAINMENT AND AN ASSORTMENT OF OTHER ACTIVITIES," HE SAID.

STREET

/A STAGE