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Company director gets 20 months jail, S$1 52mil penalty for offences related to Iras scheme

SINGAPORE (The Straits Times/Asia News Network): A director of multiple companies was sentenced to 20 months’ jail and ordered to pay a penalty of S$1,520,800 on Tuesday (Aug 29) for offences committed in relation to a scheme that is meant to encourage businesses to invest in productivity and innovation.

Iras warns of scam e-mails claiming ABSD from tenants

ABSD is not payable for tenancy agreements, Iras said. Read more at straitstimes.com.

Iras warns of scam e-mails seeking payment for ABSD from tenants

Singapore News - The Inland Revenue Authority of Singapore (Iras) has warned of fraudulent e-mails purportedly from the Monetary Authority of Singapore that seek payment for additional buyer’s stamp duty (ABSD) from tenants. The e-mail, which has a fake certificate of stamp duty attached,. Read more at www.tnp.sg

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