Do you know that IRAS reward informer up to $100,000 for providing reliable information on tax evasion? Do you know the procedures for reporting a tax evasion case? Do you know that you have to put forward a formal request for the reward?
Some people strongly felt that tax evaders must be punished for not paying their fair share of taxes. Do you know that there are ways other than reporting them to the IRAS immediately? Are the tax evaders regretting what they have done and wish to turn over a new leaf? If they are, do you know that they can make a voluntary disclosure to the IRAS and be penalized less severely as compared to being caught by IRAS? Do you know the penalty a tax evader may face if he/she is convicted of tax evasion?