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The insurance operator of Singapore fined because of undeclaration of commission salary

Published On 03 Dec 2019 11:00 AM


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An insurance operator who didn't pronounce commission pay of almost S$2 million and didn't represent products and ventures charge (GST) of about S$320,000, has been fined more than S$660,000.

Bite Wai Ling, 56, was requested to pay an aggregate of S$663,008 in fines and punishments after she was seen as liable for her offenses.

Examinations by the taxman indicated that Bite didn't proclaim a commission salary of....


Tags : Singapore, insurance, Finance, Inland Income Authority of Singapore (Iras) ,
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