Woman eye specialist charged with tax evasion

An eye specialist has been charged with three counts of tax evasion.

Fifty-five-year-old Currie Chiang had allegedly under-declared her income by S$449,336.

Chiang, who runs International Eye Clinic at the Mount Elizabeth Medical Centre, is believed to have prepared false business records in her tax returns between 2006 and 2008.

She’s now out on a S$50,000 bail and will be back in court on October 15.

If convicted, Chiang will have to pay a penalty of S$1,797,344, four times the amount of under-declared taxes.

She could also be fined an additional S$50,000 or jailed up to five years. 

Source: Channel NewsAsia, 3rd September 2010

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