THE Inland Revenue Authority of Singapore has recovered S$175 million in Goods and Services Tax and penalties during the first nine months of 2019, from audits and investigations of more than 2,000 GST-related cases, it said on Sunday.
Iras uses data analytics to detect non-compliance and evasion, sifting through data to identify high-risk cases.
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$175m in GST and penalties recovered by Iras; funeral operators particularly susceptible to tax offencesIras said it had picked companies for audit by using data analytics to identify those at risk of non-compliance and evasion.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
$175m in GST and penalties recovered by Iras; funeral operators particularly susceptible to tax offencesIras said it had picked companies for audit by using data analytics to identify those at risk of non-compliance and evasion.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »