More than $270 million (RM910 million) in income tax and penalties have been recovered from businesses over the past three years or so, the Inland Revenue Authority of Singapore (Iras) said on Sunday.
Singapore News - Around $270 million in income tax and penalties have been recovered from businesses over the past three years or so, the Inland Revenue Authority of Singapore (Iras) said on Sunday. The money was clawed back after audits and investigations of about 7,000 businesses,. Read more at www.tnp.sg
SINGAPORE - Well-known local undertaker Roland Tay Hai Choon was on Friday (Sept 30) charged in court for income tax evasion of more than $427,000 and for failing to register his business for goods and services tax (GST). The 75-year-old founder of Direct Funeral Services was handed three charges of understating his income to evade tax and another count under.