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Tax..case of hawkers avoiding taxes
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This is common but Iras can only catch those that show off...rest go undetected..or too small to prosecute. Many listed companies also provide cars Travel and housing for directors and ceos but undeclared as benefits as auditors do not check or ask. Dont Be surprised to see many Rolls Royce and Bentleighs and BMWs and Mercs are paid for by companies and undeclared as benefits...just as company cars for use by guests!
Perhaps it's time Iras prosecute a few high profile cases then...many will ask for amnesty......
Posted : 03/09/2016 3:53 am
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