Man jailed for instigating son to understate luxury watch firm’s income, evading over $350k in taxes

Published Sep 07, 2026, 05:46 PM

Updated Sep 07, 2026, 05:46 PM

Pang Chuan Wah was jailed for 14 months for instigating his son to understate the income in the younger man's luxury watch business, evading over $351,000 in taxes from 2018 to 2020.

He instructed his son to report much lower sales than actual, causing potential GST undercharge of $108,619.

The case of Pang's son is before the courts.

SINGAPORE - From 2018 to 2020, a man instigated his son to make false entries in the income tax return forms of the latter’s luxury watch and jewellery business.

It led to over $351,000 in taxes undercharged.

On Sept 7 , Pang Chuan Wah, 61, was sentenced to 14 months’ jail. He had pleaded guilty in August to abetting by instigating his son, Pang Guo Long , to wilfully evade taxes .

Pang Chuan Wah was also ordered to pay a penalty of $1,055,361.60 to the consolidated fund, and $371,446.92 to the Inland Revenue Authority of Singapore.

The younger Pang, 33, still has his case before the courts.

Tax prosecutors Ian Yang and Nicholas Toh said the son was the sole proprietor of K.B. Luxury Watch and Jewellery in Jurong .

It was not mentioned in court documents what role the father had in his son’s business.

For the years of assessment of 2018 to 2020, Pang Chuan Wah instigated his son to make false entries in the younger man’s individual income tax returns.

He had provided his son with understated income figures of the business, which were submitted in the tax forms.

Because of this, the income tax undercharged during that period amounted to $351,787.20.

Separately, in April 2018, Pang Chuan Wah also instructed his son to state in his individual income tax return that the sales from his business were $919,998, when they were in fact $10,475,437.

The prosecutors said the father knew the business had exceeded $1 million in sales and that his son, its sole proprietor, was liable to be registered for GST.

His actions would have resulted in GST of $108,619 to be undercharged had the offence been left undetected, added the prosecutors.

It was not stated in court documents how the offences came to light.

Those who evade taxes can face a penalty of up to three times the amount of taxes evaded, and can be jailed and fined.

Nadine Chua is a correspondent covering crime and court at The Straits Times.

发布于 2026 年 9 月 7 日下午 5:46

更新于2026年9月7日下午5:46

庞传华因唆使儿子少报其奢侈手表生意的收入，逃避2018年至2020年期间超过35.1万美元的税款，被判入狱14个月。

他指示儿子少报销售额，导致可能少收 108,619 美元的消费税。

庞某儿子的案件正在法院审理中。

新加坡——2018 年至 2020 年间，一名男子唆使其子在儿子经营的奢侈手表和珠宝业务的所得税申报表中填写虚假条目。

这导致少缴税款超过 35.1 万美元。

9月7日，61岁的庞传华被判处14个月监禁。他于8月承认教唆其子庞国龙故意逃税。

彭传华还被勒令向综合基金支付罚款 1,055,361.60 美元，并向新加坡税务局支付罚款 371,446.92 美元。

33岁的庞某的案件仍在法院审理中。

税务检察官杨彦和杜尼古拉斯表示，这名儿子是裕廊 KB 豪华手表和珠宝店的唯一所有者。

法庭文件中没有提及父亲在儿子的生意中扮演什么角色。

在 2018 年至 2020 年的评估年度，彭传华唆使儿子在其个人所得税申报表中作虚假陈述。

他向儿子提供了低估的企业收入数据，这些数据被提交到了税务表格中。

因此，该期间少收的所得税金额为 351,787.20 美元。

另外，2018 年 4 月，庞传华还指示他的儿子在个人所得税申报表中填写其企业销售额为 919,998 美元，而实际销售额为 10,475,437 美元。

检察官表示，父亲知道公司销售额已超过 100 万美元，而他的儿子作为公司的唯一所有者，有义务注册消费税。

检察官补充说，如果他的行为没有被发现，将会少收 108,619 美元的消费税。

法庭文件中并未说明这些罪行是如何被发现的。

逃税者可能面临高达逃税金额三倍的罚款，并可能被判处监禁和罚款。

Nadine Chua是《海峡时报》负责报道犯罪和法庭新闻的记者。