Reference no: EM132645141

Question -

(a) Define and explain in your own examples the difference between the tax evasion and tax mitigation.

(b) Read the following article "Iras recovers $10m from high-earning tax avoiders; returns of 145 doctors, dentist under scrutiny".

Demonstrate your understanding of the motivation behind these high-earning professionals who engaged in the activities described in the above article and explain why such activities were not accepted by the Inland Revenue Authority of Singapore, taking into account the relevant statutory provisions in the Income Tax Act (Cap. 134).