07-03-2023, 04:12 PM
Perisher-HWZ Wrote:Nobody say court isn’t independent…
Re: https://forums.hardwarezone.com.sg/threa...-146585669
https://www.straitstimes.com/singapore/c...to-members
It's the court of public opinion which is independent.
Truth is the courts judgement will be open to public scrutiny (as it rightly should be).
IRAS CEO should ask himself if the lucky draw prize car, should he win from NTUC, should NTUC also charge him the GST to receive it, since like all other NTUC products, NTUC as a GST rated company, will claim GST refunds in all NTUC purchases fro GST rated suppliers, so up to the point where the IRAS CEO registers the prize car in his own name, no GST has been paid for the car. This is due to the fact that the funds to buy the prize car, has come from overcharging all NTUC customers for goods sold, just so the supermarket can raise the funds to conduct the lottery to purchase the prize car, so all in, the GST for the car is paid for or covered by the excessive pricing and thus GST of the ordinary NTUC goods sold.
IRAS is just trying to be funny and bullying the weak in this case (why not penalize NTUC for lucky draw car bonanzas and tax the recipient of freebies, like tax the free pack of cheese in buy 2 get one free offers as well. IRAS are clowns.
IRAS should concentrate on progressive wealth taxation, rather than regressive GST taxation, it's victims most likely the poor aunties who resell the MLM products to their equally aged/retired friends.
I can say from this incident, that the IRAS CEO moral compass, is truly and completely broken.