Date:
28.11.86
257
Time:
Reporter:
8.30
PMS
-
12.30
1
1
attitude is that when the case is serious enough and warrant
2 prosecution, there will be work as such. We will try to get the
information but information is difficult to get. It is extremely
3
4 difficult to get information and also it is difficult to get admission
ised
to
5
se
6
7
as such, if you try to give a caution to a tax payer that whatever you are going to say it will be used against you. You will realise
how difficult you will get the information, not to mention about to
start a prosecution but to finish a case.
1
8
will
9
tion.
10
MR CHEONG:
11 past 15 years
if
12
nly
13
14
15
:h
pt
;.
Mr Chairman, of the 15 cases that for the
CHAIRMAN:
10 years.
10 years, was it a blatant case of, I
MR CHEONG:
16 suppose it was blatant case of tax evasion?
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18
19
CIR:
Yes, sir.
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21
MR CHEONG:
And the results of the prosecution, has it
in your opinion been able to establish some sort of a deterrent as to
22 possible evaders in future?
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24
25
26
2 2 2 2 2 2 2 2 2 2 2 2 2 2 ≈
CIR:
I would say
Those 15 cases we presented to the court cover a wide spectrum of business activities and areas. all prosecution would create a deterrent factor, there is no doubt 27 about it, absolutely, this is a deterrent. But equally I would say the penalty I impose with a maximum of 300%, and the mere existence of our investigation efforts, also serve as a deterrent also, and
28
29
30 this can be proved by the results as well.
MR CHEONG:
Okay. Of the 15 cases prosecuted, were
all those 15 people sent to jail or they were simply imposed a
34 penalty?
.t
31
:ion
vill
32
33
E
1)
35
36
CIR:
Unfortunately not all of them received
No comments yet.
Private notes are available after approval.