VERNON–The mayor of Vernon has settled his dispute with Revenue Canada.
Akbal Mund pled guilty to one count of failing to comply with the Income Tax Act in
Vernon provincial court Thursday.
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Mund maintains the problem wasn’t that he owed Revenue Canada money.
“No, there was no amount,” said Mund earlier this year, when the charges became public. “This is about paperwork, it’s about information, it’s not about them wanting an amount.”
Mund was fined one thousand dollars and the crown entered a stay of proceedings on a second charge.
The charge stems from the 2012-2013 tax year, when his company – Mund Holdings – sold its stake in Wendy’s Restaurants.
The information required has since been provided to the tax agency.
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