Eminent Frog Porridge restaurant owner charged with evading S$3.8 million in tax, money laundering offences
business
The owner of Singapore's Eminent Frog Porridge restaurant has been charged with tax evasion and money laundering offences, according to Channel NewsAsia. Court documents allege that from twenty sixteen to twenty twenty-four, he underdeclared his income tax and deliberately hid his business income to avoid registering his company for GST. The total amount of taxes allegedly evaded is three point eight million Singapore dollars. He also faces charges of failing to maintain sufficient business records.
Source: https://www.channelnewsasia.com/singapore/eminent-frog-le...
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