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Toshiie Maeda
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Man charged with tax evasion
By Alvina Soh | Posted: 15 April 2011 1702 hrs
SINGAPORE : A man has been charged with three counts of under-reporting S$1,457,059 in net profits from Full Skil Wire Cut Services between Year of Assessment 2000 and 2002.
In the same period, 54-year-old Henry Ng Choon Tat allegedly evaded S$357,354.65 in taxes.
He allegedly made false entries in his income tax returns.
If convicted, Ng will have to pay three times the amount of under-declared tax.
He can also be fined up to S$10,000 or jailed up to three years or both.
He will back in court on April 29.
- CNA/ms
