BC Man Who Flipped 14 Homes in Four Years Is Fined $2M for Tax Evasion

BC Man Who Flipped 14 Homes in Four Years Is Fined $2M for Tax Evasion
Canadian Revenue Agency (CRA) national headquarters in Ottawa on June 28, 2024. The Canadian Press/Sean Kilpatrick
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A serial property flipper in British Columbia has been convicted of tax evasion and fined more than $2 million for failing to report nearly $7.5 million in earnings.

The Canada Revenue Agency says in a statement that Balkar Bhullar of Richmond, B.C., was given a conditional sentence of two years less a day on Dec. 19 and fined about $2.15 million, matching the amount of unpaid federal income tax.