SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong said on Tuesday (May 7) that after reviewing cases involving tax avoidance, the Inland Revenue Authority of Singapore (IRAS ...
SINGAPORE: The Inland Revenue Authority of Singapore (IRAS) has found 166 cases of private property purchases involving the “99-to-1” scheme as a means to avoid paying the additional buyer ...
THE Inland Revenue Authority of Singapore (Iras) has discovered 166 cases of private property purchases that involved tax avoidance as at April 2024, and about S$60 million in Additional Buyer’s Stamp ...
SINGAPORE – The Inland Revenue Authority of Singapore (Iras) has uncovered 166 cases of private home purchases that involved the use of the so-called “99-to-1” or similar arrangements to ...
As of April, IRAS has audited 187 cases related to the scheme, uncovering 166 engaged in tax avoidance practices. The Inland Revenue Authority of Singapore (IRAS) is set to recover $60m from ...
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The Inland Revenue Authority of Singapore (IRAS) just clawed back S$60 million from private property buyers. The reason? Tax avoidance. Some 166 property buyers made use of the 99-1 loophole to reduce ...
Politicians have been all-too-eager to label 2014 a milestone year for action on tax avoidance, with many of the world’s leading economies having introduced measures to wheedle out any loopholes and ...
Uber has been using a complex tax shelter involving around 50 Dutch shell companies to reduce its global tax bill, according to recent research from the Center for International Corporate Tax ...
Every taxpayer can take advantage of strategic tax planning to avoid overpaying on taxes. But as these methods become more aggressive, the line between legal tax avoidance and illegal tax evasion ...
Understanding how the income tax system works—and ways to minimize the amount you owe—is essential to financial planning. Learn about tax brackets, filing status, how to file taxes, and more.