Artificially low salaries and tax dodging
In the recent case of Wee Teng Yau v Comptroller of Income Tax, the Singapore Supreme Court considered the issue of tax avoidance by professionals for the first time. The case involved a dentist, Dr Wee, who was initially employed by Alfred Cheng Orthodontic Clinic Pte Ltd (ACOC). Subsequently, he i...
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sg-smu-ink.sol_research-52002021-04-21T09:06:15Z Artificially low salaries and tax dodging LIU, Hern Kuan OOI, Vincent In the recent case of Wee Teng Yau v Comptroller of Income Tax, the Singapore Supreme Court considered the issue of tax avoidance by professionals for the first time. The case involved a dentist, Dr Wee, who was initially employed by Alfred Cheng Orthodontic Clinic Pte Ltd (ACOC). Subsequently, he incorporated Straighten Pte Ltd (SPL), of which he was the sole director and shareholder. Dr Wee continued to provide the same dental services to ACOC's patients as he had done before. However, instead of paying Dr Wee directly for his services, ACOC paid for his services to SPL, which in turn paid Dr Wee a salary and a director's fee. 2020-12-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sol_research/3241 https://ink.library.smu.edu.sg/context/sol_research/article/5200/viewcontent/2020__Artificially_Low_Salaries_and_Tax_Dodging.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Tax Law Taxation Tax Avoidance Commercial Law Tax Law |
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In the recent case of Wee Teng Yau v Comptroller of Income Tax, the Singapore Supreme Court considered the issue of tax avoidance by professionals for the first time. The case involved a dentist, Dr Wee, who was initially employed by Alfred Cheng Orthodontic Clinic Pte Ltd (ACOC). Subsequently, he incorporated Straighten Pte Ltd (SPL), of which he was the sole director and shareholder. Dr Wee continued to provide the same dental services to ACOC's patients as he had done before. However, instead of paying Dr Wee directly for his services, ACOC paid for his services to SPL, which in turn paid Dr Wee a salary and a director's fee. |
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LIU, Hern Kuan OOI, Vincent |
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LIU, Hern Kuan OOI, Vincent |
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LIU, Hern Kuan |
title |
Artificially low salaries and tax dodging |
title_short |
Artificially low salaries and tax dodging |
title_full |
Artificially low salaries and tax dodging |
title_fullStr |
Artificially low salaries and tax dodging |
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Artificially low salaries and tax dodging |
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artificially low salaries and tax dodging |
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Institutional Knowledge at Singapore Management University |
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2020 |
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https://ink.library.smu.edu.sg/sol_research/3241 https://ink.library.smu.edu.sg/context/sol_research/article/5200/viewcontent/2020__Artificially_Low_Salaries_and_Tax_Dodging.pdf |
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