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with that kind of income downpayment this downpayment that ... sure kena red flag may be he can brag he bought Bitcoin at $1,000 and sell at $65,000 ... confirm TAX FREE ! https://sg.finance.yahoo.com/news/director-jailed-for-underdeclaring-over-866000-income-used-money-for-hdb-loans-115005975.html

TL;DR - A Toyota Hiace with illegal modifications refused to stop and even sped off from the Traffic Police. [UPDATE 15/02/23, Wednesday] - Mission to escape the traffic police failed as the Toyota Hiace was found abandoned in one of the multi-storey car parks in Yishun. MIA driver though. Watch these two videos fresh out the oven of the great escapade by the van driver. Part 2 Part 3 After beating the red light, speeding against the traffic and fleeing from the police, the van was finally found stranded in a MSCP. _________________________________________________________________________________________________________________________ In the movies, high-speed police chases are often thrilling and sometimes explosive, but on the streets of Singapore it is a different story. Want to be fast and furious, at least not with a van lah… Watch this 36-second video to see just how fast this van accelerated to evade the traffic police. What happened? A Toyota Hiace was caught zooming across the not-so-empty road in Yishun, with a traffic police chasing closely from behind. Rumors have it that the van was carrying drugs, which caused his fight-or-flight response to bolt off. Surely something’s sus about the van driver, be it the illegal modifications of his van, carrying drugs or whatnot. No matter what, he is definitely getting charged for traffic violations - it is against the law to elude any authorized (police) officer. Online Chatter Even a Ferrari cannot outdrive Singapore’s traffic police, did this van driver really think he had a chance? Bo beh zao man... Takeaway Never think you can outwin the SPF. Be a safe driver, do the right things and you won’t fear seeing the law enforcers. ========= Be the first to get the latest road/ COE news and get first dibs on exclusive promos and giveaways in our Telegram SGCM Community. Join us today!

Mr Khaw Boon Wan: Madam, we are most sympathetic to the taxi drivers who experience such incidents. But if the taxi driver could not tell us the identity of the person, other than saying that the person is of a particular race, or gender, it is very hard for us to track down the person. So, I think common sense requires the taxi drivers, when they encounter such an incident, to get as much information as they can from the fare evader: basic information like name, address and so on. There are instances we know of where they could not get the information, they will try to report to the Police, fetched the passenger all the way to the police station and let the Police step in. The primary duty or responsibility of helping the taxi drivers resides with the taxi operator and the operator should be the first to help out, which must also include sharing with their taxi drivers tips on how to reduce such incidents and, as I said, some of which are common sense, which is that you must get the basic information. https://sprs.parl.gov.sg/search/topic.jsp?currentTopicID=00010276-WA&currentPubID=00010243-WA&topicKey=00010243-WA.00010276-WA_4%2Bid-0db411d8-c7f2-4751-bd4a-50664ed63e3e%2B Whoa maybe next time u will need to surrender your IC to the taxi driver when u take taxi?

As per topic, this news is nothing new, but my immediate thoughts go to those who booked a car with this PI. There is a high chance that this PI may close shop and gone are the deposits & cars. In addition, I was also told that IRAS will recover taxes from the car importer, if can't pay, go jail, then they will come after the owners who got their cars from the importer for taxes due to IRAS. Anyone working in IRAS can verify? News usually do not report the company name, so how to find out? CNA Report

Hi guys, I'm doing a paper and have the above question. Went through IRAS website but can't find the answer. Anyone has any idea what is the difference? The website states that the offence are under section 95 and 96 of the Income Tax Act. Went through the act but can't understand leh. Has anyone heard of e.g. property agents / insurance agents under declaring and got fined by IRAS? What was the offence type? Under declaration or tax evasion? Hope someone with experience in this (touch wood) can share share :)

Two fined for removing evidence By Christopher Tan, Senior Correspondent TWO men working for a large parallel importer pleaded guilty yesterday to removing evidence that had been seized by Singapore Customs officers in a probe into a case of suspected tax evasion. In the first case of its kind here, Ng Chee Siang, 25, was fined $12,000, and his accomplice Chua Wee Meng, 38, $8,000 in a district court. The offence took place last June, when a party of Customs officers armed with a search warrant raided the Auto Touch Credit office in Kampong Ubi. The pair, employees in the company's purchasing department, had tried to leave the premises with a file that had been seized. They could each have been jailed for up to 18 months for what they did. Auto Touch Credit is the main company behind Pinnacle Motors, a retailer of parallel imported cars, which posted sales in excess of $250 million last year. The statement of facts by a Customs prosecutor said that the officers seized several files during the raid, on suspicion that the company was under-declaring the value of its car imports to evade taxes. During the operation, Ng, holding one of the seized files, was spotted heading for the exit. A Customs officer stopped him and retrieved it. A few hours later, Chua, Auto Touch's purchasing manager, was seen leaving the office with the file. Ignoring a Customs officer who shouted at him to stop, Chua ran for a staircase, where he handed the file to Ng. The pair headed for the carpark via different exits, but a Customs officer intercepted them and retrieved the file. They were arrested three months later. District Judge Toh Yung Cheong, handing down the sentence yesterday, said Ng and Chua would have received jail terms if any evidence had been destroyed. In his mitigation plea, the men's lawyer, Mr Foo Cheow Ming of KhattarWong, said his clients were 'not rogues, but utter fools'. He said they were 'hardworking, upcoming and basically decent young men' who had acted 'out of a misplaced sense of loyalty to the company'. Pinnacle managing director Valerie Tan said yesterday that Ng and Chua will keep their jobs, but that the company would not pay for their fines 'because they acted in their personal capacity'. She could not say why they tried to retrieve the file, which she claimed had 'nothing to do with new car imports'. The tax evasion probe is still under way http://www.straitstimes.com/Free/Story/STIStory_213355.html