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 ...
Iras completed review of 187 '99-to-1' cases of tax avoidance as of April 2024. Read more at straitstimes.com.
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 found 166 cases of private property purchases involving the “99-to-1” scheme as a means to avoid paying the additional buyer ...
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 ...
SINGAPORE: Using a hefty retrenchment payoff to snap up an investment property looked like a smart move at first glance but a ...
The mark of a true blue Singaporean isn’t how well he/she can follow the law, it’s about getting around it without breaking it. But all that becomes tricky when we’re talking about tax. Case in point: ...
President Biden, who has never pulled punches about his desire to increase taxes on the wealthy, has proposed a 2025 budget that would substantially hike taxes on wealthy taxpayers who hold large ...
What is a non-deductible IRA? And how are distributions from non-deductible IRAs taxed? Our Retirement Daily's Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham ...