An age-old way of evading income tax is now “creating” jobs in Singapore.
Quoting from a financial professional, 26, “A few of our sales professionals make a monthly income in the thousands. Just give us your bank account for our company to transfer some money to you so they can evade income tax.”
The amount transferred is usually in the hundreds. Of course, this way of transferring income into another’s account has long been the norm within families in Singapore. However, this method of trickery has morphed into an unhealthy trend as job openings, with rumors floating that the trend is increasingly common among close friends.
Singapore citizens who utilize this way of evading income tax are normally sales professionals and entrepreneurs.
Crystal Tein, The Cheers News