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Singapore News - A 47-year-old man was fined $3.6 million on Jan 2 for evading Customs duty and the goods and services tax on 983 motor vehicles he imported into the Republic between November 2018 and October 2020. Tan Lye Khim, sole proprietor of Smartcar Auto, failed to pay the fine... Read more at www.tnp.sg
SINGAPORE: Guilty of evading more than S$1 million (US$754,000) in taxes that he was supposed to pay for importing nearly 1,000 motor vehicles, a man was slapped with a S$3.6 million fine at the State Courts on Tuesday (Jan 2). As he failed to pay the fine, Tan Lye Khim, 47, the sole proprietor o
He failed to pay the fine and will instead serve 43 months in jail. Read more at straitstimes.com.