SINGAPORE – A Singapore Airlines (SIA) pilot has been sentenced to six months' jail after he pleaded guilty to four charges under the Income Tax Act.
In a press release on 21 April, the Inland Revenue Authority of Singapore (IRAS) said that Andrew Soo Cheng Ai, 51, will also have to pay penalties totalling S$181,996.
Soo failed to declare rental income from two properties in Balestier Road and Kim Yam Road. He failed to declare rental income of S$89,715 received from these properties – this resulted in S$15,354 in taxes undercharged.
Investigations revealed that he made false entries in his Form B1 Income Tax return for Year of Assessment (YA) 2014 with the wilful intent to evade tax.
Furthermore, Soo also gave false replies in response to IRAS' request for details of his rental properties during audit. His false information, if accepted by IRAS, would have resulted in S$35,310 in taxes undercharged.
The pilot also created and submitted multiple fictitious invoices and documents to IRAS, to support his inflated claims for expenses for his rental properties for YA2013 and YA2014. "These invoices and documents were found to be fictitious upon IRAS' investigations and, if had been accepted by IRAS, would have resulted in $7,500 in taxes undercharged," IRAS said.
"IRAS takes a serious view of non-compliance and tax evasion. There will be severe penalties for those who wilfully evade tax. The authority will not hesitate to bring offenders to court. Offenders may face a penalty of up to four times the amount of tax evaded. Jail terms may also be imposed," IRAS warned in the statement.
The authority reminded all business and individuals to provide full cooperation during the course of IRAS' audits and investigations.
Offenders found guilty of evading tax by IRAS will face a penalty of three times the amount of tax undercharged, and be liable to a fine not exceeding S$10,000 and/or imprisonment for a term not exceeding seven years.