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Jailed for tax evasion
Fri, Jul 03, 2009
The Straits Times

By Elena Chong, Courts Correspondent

A DIRECTOR of a construction company was jailed for eight months on Friday for assisting the company to evade tax of $265,483.

Seah Boon Huat, 56, was also ordered to pay a penalty of $1.06 million, four times the tax evaded.

He is the first individual to be convicted under Section 96A of the Income Tax Act, enacted in 2003 to deter serious tax evasion such as preparing or keeping false books of accounts or other records.

 

 

 

 

 


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