The powers of the Comptroller of Income Tax are stated in the Income Tax Act 1947.
These are some of the powers that are stated in the Income Tax Act:
Requiring taxpayers to file taxes (section 62 of the Income Tax Act)
Requiring any person to furnish further returns (section 64 of the Income Tax Act)
Requiring any person to furnish information like bank accounts, assets, etc… (section 65A of the Income Tax Act)
Has the power to obtain information including entering the premises to obtain such information (section 65B of the Income Tax Act)
Has the power to arrest without any warrant if it reasonably believes that that person has committed the relevant offences (section 65F of the Income Tax Act)
Requiring any person to keep records (section 67 of the Income Tax Act)
Has the power to issue the Notice of Assessment (section 72 of the Income Tax Act)
Has the power to collect the tax charged (section 85 of the Income Tax Act)
Has the power to prevent a taxpayer who does not pay his taxes from leaving Singapore (section 86 of the Income Tax Act)
These powers which the Comptroller has will apply to both individuals and entities.
Yours sincerely,
The editorial team at Raffles Corporate Services
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