Taxpayer C has recently been assessed a civil penalty as a result of a fraudulent trust. The purpose of the trust was to split income over multiple entities in an attempt to minimize taxes. The penalty may be

• A.
• In addition to the taxes originally owed.
• B.
• Linked to a criminal conviction.
• C.
• A fine of$250,000for individuals ($500,000for corporations) and up to 5 years in prison.
• D.
• A fine of $200,000.