Three Men Arrested After Evading Import Taxes in Singapore
Singapore Customs arrested three men for being involved in a scheme to evade import tariffs on more than 3,400 cartons of cigarettes, Singapore said in a Sept. 11 press release. The men had hidden the cigarettes inside 10 “large spools…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
of cable wires” and kept them in a warehouse, the notice said. The men planned to place the cigarettes in “canvas bags for delivery to other parts of Singapore,” the press release said, and avoided more than $300,000 (in Singapore dollars) in duties and taxes. The men face a maximum fine of up to 40 times the amount of unpaid taxes and a maximum six-year prison sentence.