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Cao Pi
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Sep 3, 2010
Eye doctor faces tax evasion
<!-- by line --> By Elena Chong
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<!-- end left side bar --> <!-- story content : start --> A CONSULTANT eye surgeon was charged in court on Friday with tax evasion by under-declaring income totalling about $450,000 from her business for three years. Currie Chiang, 54, owner of International Eye Clinic at Mount Elizabeth Hospital, is said to have, wilfully with intent to evade tax, prepared false records of IEC's trade income for the Years of Assessment 2006 to 2008. The petite ophthalmologist, a graduate of the former University of Singapore in 1980, allegedly stated that her income for 2006 was $998,107 when it was $999,197.
For 2007, she allegedly gave her trade income as $733,982 when it was $882,483; and for 2008, allegedly stated that it was $391,749 instead of $691,494. Chiang's case was adjourned to Oct 15 for her lawyer KhattarWong to make representations and take instructions. She is the third doctor to have been brought to court for tax evasion so far. Bail of $50,000 was offered. Her passport was impounded. If convicted, she faces a fine of up to $50,000 and/or a jail term of up to five years. She also has to pay a penalty of four times the amount of tax undercharged.
