Case and status
Sim Tee Peng was convicted of counterfeiting one stamp certificate and forging or using two others for property transactions, collecting close to S$100,000 of duty without remitting it. The stamp-duty offences attracted 12 weeks’ imprisonment.
Facts, amounts and outcome
Including separate Penal Code, laundering, legal-profession and road-traffic offences, his overall sentence was seven years and five months. A buyer’s presentation of a certificate triggered forensic checks, which found altered genuine certificates for three other properties. Buyers and tenants should verify the unique document reference and match property, payment and document-date details through the official service. The overall sentence must not be attributed entirely to stamp-certificate offences.
Disclosure, reporting and rewards
IRAS encourages taxpayers to correct past errors and report suspected tax malpractices. The release says disclosure may be considered when deciding enforcement action; it is not a blanket promise of immunity. Where the release describes informant rewards, qualifying information leading to otherwise lost tax recovery may attract 15% of recovered tax, capped at S$100,000, at IRAS’ discretion. Informant identities are kept confidential. Use the official release links for its reporting and disclosure channels.
Official source
This report is independently written from the IRAS release dated above. Case status, policy announcements and historical figures refer to that release.
Read the complete IRAS release ↗