A Chinese hotpot chain with 22 North American locations is suing a consulting company after it was fined $250,000 and raided by the Canada Revenue Agency (CRA).
Liuyishou International Management Company (Canada) Ltd., the company behind Liuyishou Hot Pot, is seeking compensation from Vancouver-based Pinmo Creative Technology Ltd. and an individual named Scott Meng.
According to a civil lawsuit filed in B.C. Supreme Court on April 26, Liuyishou hired Pinmo in 2020 to help it apply for the Scientific Research and Experimental Development tax credit (SR&ED tax credit) for the 2019 fiscal year.
Liuyishou claims Meng either acted as Pinmo’s directing mind or Pinmo was Meng’s alter ego.
Liuyishou was founded
→ Continue reading at BIV