IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.
The OTHER forum is HERE so please stop asking.

Remisier jailed, ordered to pay penalty for tax evasion

Thread starter General Kala
Start date Nov 23, 2012

General Kala

Alfrescian (Inf)

Asset

Nov 23, 2012

Remisier jailed, ordered to pay penalty for tax evasion

Published on Nov 22, 2012
By Elena Chong

A remisier was jailed for one week and ordered to pay a total penalty of $192,927 on Thursday for under-reporting her income to the tax authority.

Teo Joo Hiang, 52, will serve another five months and two weeks' jail as she could not pay the penalty which is three times the amount of tax evaded.

This is the first case where a remisier has been charged under the Income Tax Act for tax evasion.

She pleaded guilty to making a false entry in her tax return for the year of assessment 2010 that her brokerage income from Phillip Securities was $258,164 when it was $676,216.

Get the full story from The Straits Times.