S'pore Casket Company Owner Omits S$600K In Income Tax, Fined S$74K & Jailed 25 Days
A casket owner has received a jail sentence of 25 days and a S$74K fine for omitting S$600K from income tax filings.
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A casket owner has received a jail sentence of 25 days and a S$74K fine for omitting S$600K from income tax filings.
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