Salons charged for tax evasion

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Fri, Dec 19, 2008
The Straits Times

By Elena Chong

FOUR beauty treatment salons were hauled to court on Friday for tax evasion by omitting income of about $3 million for three years.

Modern Beauty Salon Co, Modern Beauty Salon (South Bridge), Modern Fitness (T.P.) Co and Modern Elite Salon Co face a total of seven charges of keeping falsified records between 1998 and 2001.

They are linked to the listed company in Hongkong, Modern Beauty Salon Holdings.

For more The Straits Times stories, click here.

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