The 77-year-old had under-declared his income from his businesses for three years, resulting in a total of $250,312.49 in income tax being undercharged. He had also failed to register his businesses for goods and services tax (GST) when required, resulting in $286,963 of unaccounted tax.
On Sept 5, Tay, who had been charged in 2022 and out on $80,000 bail since, pleaded guilty to three counts of making incorrect tax returns and one charge of failing to register for GST.
District Judge John Ng then meted out a $3,000 fine for each of the four charges, to be paid by Tay on the same day, failing which he would have to serve a threemonth jail term.
The undertaker must also pay the taxman a total penalty of $529,321.28. This is the mandatory penalty for his four offences.
Denne historien er fra September 06, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 06, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
SHINING LIGHTS AT MUSEUM GALA
American actress Blake Lively, model Kaia Gerber and reality TV star Kim Kardashian took pictures under the lights, posing against a backdrop of more than 200 restored street lamps from Urban Light, an installation by American artist Chris Burden that served as a stand-in for a red carpet.
Body of One Direction star Liam Payne flown home to Britain
BUENOS AIRES - The father of former One Direction star Liam Payne, who fell to his death from a Buenos Aires hotel balcony in October, began repatriating the singer's body to Britain on Nov 6, a police source told AFP.
Live streamers apologise to Chan Brothers for online statements against the travel agency
More Singapore-based live streamers have reached a private settlement with Chan Brothers Travel and issued public apologies for the online statements made against the local tour agency's services.
US presidential election: A-listers fail to win votes for Kamala Harris
LOS ANGELES - A raft of celebrities - from American singers Taylor Swift and Beyonce to actors George Clooney and Harrison Ford - proved unable to prevent Ms Kamala Harris' crushing defeat in the United States presidential election, underlining the limited impact of sweeping star endorsements on voters.
SOLE MATE: BIRKENSTOCK'S FOOT-CARE LINE
Birkenstock's new foot-care products with skin-loving ingredients. PHOTO: BIRKENSTOCK
Prada Outpaces fashion rivals on Miu Miu's Gen Z appeal
UNITED STATES - Prada defied a luxury industry slump last quarter as fashion fans snapped up Miu Miu's Arcadie handbags and cashmere cardigans.
Go ahead, paint on my designer bag
Luxury handbags have become the canvas of choice for artists and art lovers
AROMA ALCHEMY: TIGER BALM'S AROMATHERAPY LOTIONS
For generations, Tiger Balm has been Asia's secret weapon - grandma's cure-all in a jar, packed with herbal goodness that can tackle anything from a stubborn headache to post-workout aches.
K-BEAUTY 'HANOK': KSISTERS' NEW LIFESTYLE STORE
Stepping into Ksisters' first boutique in Wheelock Place feels like entering a slice of Seoul.
BUSY 2025 AWAITS TAN
Boccia star will start preparations for new season in December after two-week break