SINGAPORE: A woman who masterminded the evasion of about S$1 million in income and Goods and Services Taxes by two pubs over four years was given ...
SINGAPORE: A woman who masterminded the evasion of about S$1 million in income and Goods and Services Taxes by two pubs over four years was given 41 weeks' jail on Wednesday .Advertisement
Phua had control over the bank accounts of both pubs and paid monthly salaries to three men who were listed on paper as the shareholders and directors. Under her directions, cash sales were omitted by pub managers who did not key them into the cash register, instead writing them down on pieces of paper.They tallied the consolidated daily sales reports by adding both sales from the cash register and those on the handwritten pieces of paper, however, they excluded the handwritten ones when preparing income tax and GST returns.
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