Business
Beer Was Declared as ‘Food’ and ‘Machinery’ in Singapore Tax Scheme — Then Customs Opened the Warehouse
SINGAPORE — Thousands of bottles of beer entered Singapore on paperwork that allegedly made them look like something entirely different. Food. Industrial machinery. Anything, investigators said, except the dutiable alcohol actually sitting inside the shipments. The scheme eventually led Singapore Customs to more than 35,000 bottles of duty-unpaid beer, a Singapore company used to store and distribute them, two men prosecuted in court—and a S$560,000 fine for the man authorities described as
