Mother and son charged with lying to IRAS over 99-to-1 property purchase in first such prosecution

Channel NewsAsia - Technology·2024-09-20 12:00

SINGAPORE: A mother and her son were charged on Friday (Sep 20) with lying to the tax authority over a "99-to-1" property purchase arrangement.

Tan Kai Wen Keith, 26, had bought a condominium unit in his name before selling 1 per cent of it to his mother, 56-year-old Ng Chiew Yen.

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Property Technology International

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