MP Louis Chua - Speech on IRAS Amendment Bill 16th Feb 2024

In his speech on the IRAS Amendment Bill, MP Chua Kheng Wee 蔡庆威 highlighted the efficient tax administration by the Inland Revenue Authority of Singapore (IRAS), noting its consistently low collection costs and recent increases in tax collections. Emphasizing IRAS' role in administering grants, particularly during the COVID-19 pandemic, Louis raised concerns about recent cases of overpayments and the need for fair recovery processes. While supporting the bill, he questioned the fairness of interest charges and tight repayment timelines, especially for companies facing cash flow difficulties.

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Видео MP Louis Chua - Speech on IRAS Amendment Bill 16th Feb 2024 канала The Workers' Party