Case and status
Century 21st Night Club precedent partner Goh Kim Teck received three weeks’ imprisonment and S$347,920 fines and penalties. Cash flower-garland sales were omitted from accounts. For YA 2013 he reported a partnership loss of S$57,812 instead of profit of S$128,772, causing S$16,519 of income tax undercharged.
Facts, amounts and outcome
One proceeded income-tax count attracted S$49,557 penalties, with three similar counts considered. Six GST counts involved S$144,931 output tax understated during 2013–2014, attracting S$289,863 penalties and S$8,500 fines; six similar GST counts were considered. The GST offences concerned understatement without reasonable excuse, distinct from the deliberate income-tax evasion charge.
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 ↗