Please use a Javascript-enabled browser. Woman fined for incorrect tax return
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    Full Version | Traditional Chinese | Simplified Chinese | Text-only News Ticker
    January 18, 2008
    Taxation

    Woman fined for incorrect tax return

    The Fanling Magistracy has fined a woman $10,000 for making an incorrect statement in her 2005-06 tax return to claim elderly residential care expenses.

     

    Ip Yuet-ying declared in the 2005-06 tax return that she had paid $42,000 to a residential care home for her dependant. Investigations found that the dependant had died on December 17, 2003.

     

    Making an incorrect statement in connection with a claim for any deduction or allowance without a reasonable excuse is an offence. Upon conviction, the maximum penalty is a $10,000 fine and a further fine of triple the amount of tax undercharged. If fraud is involved, the offender is liable to the same fines - and three years' jail.