Cheating the PAP!!!
Another partner of local foodcourt pleads guilty to tax evasion
Posted: 06 July 2009 1656 hrs
Photos 1 of 1
SINGAPORE : Another partner of a local foodcourt in Singapore has pleaded guilty to charges of tax evasion.
Wong Kee Yock of All Family Food Court had been charged on December 19 last year with evading tax amounting to S$536,534.
He had pleaded guilty to six charges under Section 96 (1)(b) of the Income Tax Act (Cap 134).
His two other partners, Ang Tin Yong and Ang Boon Chye, have been sentenced to 6 months' jail each for the same offence.
Wong's case has been adjourned for mitigation plea and sentencing on July 15. - CNA/ms
Man fined S$10.8m for evading duties & GST on car imports
Posted: 06 July 2009 1702 hrs
Photos 1 of 1
SINGAPORE: Tay Kien Chuan, a 33-year-old Singaporean, was fined S$10.8m or in default, 354 weeks' jail for evasion of customs duties and GST on car imports from Japan.
The court also sentenced the car dealer to 42 months' imprisonment for furnishing false information to Customs officers on car imports from UK.
The charges involved a total of 2,556 cars. Tay pleaded guilty to 327 charges and the remaining 1,668 charges were taken into consideration. The total duties and GST involved amounted to over S$2.5m.
Tay set up a sole proprietorship, 8th Gear, in March 2006 to import cars for local sale. Most of the cars came from suppliers in Japan and were subsequently sold to local car dealers.
Investigations by the Singapore Customs revealed that Tay used skype and MSN messenger to instruct Japanese suppliers to under-declare the values of the cars on the invoices.
He would then pay for the shortfall of about S$3,000 per car in cash in subsequent face-to-face meetings.
Tay set up another company in November 2006 with a similar modus operandi, and in mid-2008 also plotted with another dealer to under-declare 10 cars from the UK by about half their true value.
- CNA/ir
Another partner of local foodcourt pleads guilty to tax evasion
Posted: 06 July 2009 1656 hrs
Photos 1 of 1
SINGAPORE : Another partner of a local foodcourt in Singapore has pleaded guilty to charges of tax evasion.
Wong Kee Yock of All Family Food Court had been charged on December 19 last year with evading tax amounting to S$536,534.
He had pleaded guilty to six charges under Section 96 (1)(b) of the Income Tax Act (Cap 134).
His two other partners, Ang Tin Yong and Ang Boon Chye, have been sentenced to 6 months' jail each for the same offence.
Wong's case has been adjourned for mitigation plea and sentencing on July 15. - CNA/ms
Man fined S$10.8m for evading duties & GST on car imports
Posted: 06 July 2009 1702 hrs
Photos 1 of 1
SINGAPORE: Tay Kien Chuan, a 33-year-old Singaporean, was fined S$10.8m or in default, 354 weeks' jail for evasion of customs duties and GST on car imports from Japan.
The court also sentenced the car dealer to 42 months' imprisonment for furnishing false information to Customs officers on car imports from UK.
The charges involved a total of 2,556 cars. Tay pleaded guilty to 327 charges and the remaining 1,668 charges were taken into consideration. The total duties and GST involved amounted to over S$2.5m.
Tay set up a sole proprietorship, 8th Gear, in March 2006 to import cars for local sale. Most of the cars came from suppliers in Japan and were subsequently sold to local car dealers.
Investigations by the Singapore Customs revealed that Tay used skype and MSN messenger to instruct Japanese suppliers to under-declare the values of the cars on the invoices.
He would then pay for the shortfall of about S$3,000 per car in cash in subsequent face-to-face meetings.
Tay set up another company in November 2006 with a similar modus operandi, and in mid-2008 also plotted with another dealer to under-declare 10 cars from the UK by about half their true value.
- CNA/ir
