{"id":10299,"date":"2016-02-23T14:26:35","date_gmt":"2016-02-23T06:26:35","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/?p=10299"},"modified":"2019-06-30T17:14:30","modified_gmt":"2019-06-30T09:14:30","slug":"two-companies-making-fraudulent-pic-claim","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/taxation\/two-companies-making-fraudulent-pic-claim\/","title":{"rendered":"Two Companies Making Fraudulent PIC Claim"},"content":{"rendered":"<h2>Two Companies and a Director Convicted for Making Fraudulent PIC Claim<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-32683 alignright\" title=\"Two Companies and a Director Convicted for Making Fraudulent PIC Claim\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2016\/02\/photo-two-companies-making-fraudulent-pic-claim-400x300.jpg\" alt=\"Two Companies and a Director Convicted for Making Fraudulent PIC Claim\" width=\"400\" height=\"300\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2016\/02\/photo-two-companies-making-fraudulent-pic-claim-400x300.jpg 400w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2016\/02\/photo-two-companies-making-fraudulent-pic-claim-400x300-300x225.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>One IT Distribution Pte Ltd (\u201cOne IT\u201d) and its director, Alan Ang Soon Teck (\u201cAlan Ang\u201d), have been convicted of assisting Chuan Huat Electronics Pte Ltd (\u201cChuan Huat Electronics\u201d) to obtain a higher amount of Productivity and Innovation Credit (\u201cPIC\u201d) cash payout which Chuan Huat Electronics was not entitled to. Chuan Huat Electronics has also been convicted of giving false information in the <a title=\"Productivity and Innovation Credit\" href=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/resources\/singapore-taxation\/pic-bonus\/\">PIC<\/a> cash payout application form in order to obtain a PIC cash payout of $16,300.20.<\/p>\n<p>Source: <a title=\"Two Companies and a Director Convicted for Making Fraudulent PIC Claim\" href=\"https:\/\/www.iras.gov.sg\/irashome\/News-and-Events\/Newsroom\/Tax-Crime\/2016\/Two-Companies-and-a-Director-Convicted-for-Making-Fraudulent-PIC-Claim\/\" target=\"_blank\" rel=\"noopener noreferrer\">Two Companies and a Director Convicted for Making Fraudulent PIC Claim<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two Companies and a Director Convicted for Making Fraudulent PIC Claim One IT Distribution Pte Ltd (\u201cOne IT\u201d) and its director, Alan Ang Soon Teck (\u201cAlan Ang\u201d), have been convicted of assisting Chuan Huat Electronics Pte Ltd (\u201cChuan Huat Electronics\u201d) to obtain a higher amount of Productivity and Innovation Credit (\u201cPIC\u201d) cash payout which Chuan&hellip;<\/p>\n","protected":false},"author":57,"featured_media":32683,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-10299","post","type-post","status-publish","format-standard","has-post-thumbnail","category-taxation","category-67","description-off"],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts\/10299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/comments?post=10299"}],"version-history":[{"count":0,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/posts\/10299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media\/32683"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media?parent=10299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/categories?post=10299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/tags?post=10299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}