Nova Scotia

Halifax businessman fined $113K for tax evasion

The fine equals the amount of GST that Pantelis Panagiotis Giannoulis, also known as Peter Giannoulis, evaded.

Pantelis Panagiotis Giannoulis pleaded guilty to 2 counts of tax evasion

Pantelis Panagiotis Giannoulis, also known as Peter Giannoulis Sr., is pictured here in a file photo from 2014. (CBC)

A Halifax-area businessman has pleaded guilty to two counts of tax evasion and fined more than $113,000.

The fine equals the amount of GST that Pantelis Panagiotis Giannoulis, also known as Peter Giannoulis Sr., evaded.

The tax evasion charges relate to two businesses Giannoulis owned in the Bayers Lake Business Park on the western edge of Halifax. The Comfort Hotel and the Canadiana Pub and Grill have since been bulldozed to make way for a new hotel development.

In addition to the fine, Giannoulis will have to pay the full amount of taxes owing plus any interest and penalties.

The Canada Revenue Agency said Giannoulis filed false tax returns for the two businesses from April 2012 to the end of September of the same year.

ABOUT THE AUTHOR

Blair Rhodes

Reporter

Blair Rhodes has been a journalist for more than 40 years, the last 31 with CBC. His primary focus is on stories of crime and public safety. He can be reached at [email protected]