Iras

Bedok resident behind nine firms tied to $3b money laundering case admits to conspiring to cheat IRAS

Wang Junjie pleaded guilty to conspiring to cheat IRAS by making false representations in his capacity as director of a software company.

Received a ‘tax penalty’ notice from IRAS? It could be a scam

The phishing e-mails falsely claim that the recipient has under-declared their income.

Avoiding ABSD with sham deals can cause you to lose the properties

While such investors will not face tax penalties since they have not evaded any tax, they may still lose their properties if they get into a dispute because the courts will not help them to uphold a sham arrangement.

How 4 investors lost their properties in bid to avoid paying ABSD

4 property investors had lost the claims to their homes in recent years because they tried to save on ABSD

Accountant gets 30 weeks’ jail for submitting fictitious company documents to IRAS

Daniel Chun Ling Ping was convicted of multiple charges under the Goods and Services Tax Act.

Woman wins appeal against ex-boyfriend to keep 99% stake in 99-1 condo purchase dispute

In December 2019, the couple bought a Hillcrest Arcadia condominium unit in Bukit Timah and registered their ownership in the ratio of 99:1

Lease for S’pore’s largest used-car hub set to be renewed till 2040 after owners pay $68m

Automobile Megamart's lease renewal will enable the owners to continue operating until end-2040.

Singapore firm duped in GST refund scheme wins $1.75m High Court suit

Between November 2015 and February 2016, BP Projects conducted multiple export transactions and initially received GST refunds totalling about $485,000.

Woman skipped ABSD by using ‘goddaughter’ to buy a $3m apartment

ST20260327-202605600925-Lim Yaohui-pixgeneric/
Generic photograph of HDB flats, construction of Telok Blangah Beacon HDB BTO flats, CBD skyline as seen from Labrador Tower on March 27, 2026.
Can be used for stories on money, property, land, invest, budget, income, finance, financial, URA, HDB, housing, BTO, population, economy, and development.
(ST PHOTO: LIM YAOHUI)

Why it pays to check the costs and taxes before investing in more properties

Investors should always factor in the applicable taxes before investing in properties.

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