Years of professional misconduct has landed a Penticton lawyer with $15,000 in fines.
Daniel Kay Lo was fined Tuesday by the B.C. Law Society after he admitted to multiple counts of misconduct.
Offenses include, failing to remit payroll source deductions and interest to the Canada Revenue Agency (CRA) in a timely manner, collecting tax from clients but not submitting it to the CRA, failure to properly identify a client and making misrepresentations to the B.C. Law Society regarding his tax filing. The incidents span from 2013 to 2019.
Although he has since paid the fines, Lo’s firm over time failed to report over $250,000 in payroll deductions and sales taxes to the CRA.
The lawyer, originally from Vancouver, was not available for comment.
Lo has until June 1 to pay the $15,000 as well an additional $1,000 in costs.