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	<title>Singapore Profit &#187; Search Results  &#187;  tax+haven</title>
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		<title>7 Profiles of Tax Cheats</title>
		<link>http://singaporeprofit.com/2007/11/16/7-profiles-of-tax-cheats/</link>
		<comments>http://singaporeprofit.com/2007/11/16/7-profiles-of-tax-cheats/#comments</comments>
		<pubDate>Fri, 16 Nov 2007 02:43:50 +0000</pubDate>
		<dc:creator>Sarah Tan</dc:creator>
				<category><![CDATA[Income Tax]]></category>

		<guid isPermaLink="false">http://singaporeprofit.com/2007/11/16/7-profiles-of-tax-cheats/</guid>
		<description><![CDATA[Who is more likely to cheat at taxes? 7 profiles have been observed. Find out more in the list below. The year is coming to an end soon, and you better work out your taxes before April, so that you can get as much rebates as possible, or make some donations.  1. Tax Cheats Are Thrill [...]]]></description>
			<content:encoded><![CDATA[<p>Who is more likely to cheat at taxes? 7 profiles have been observed. Find out more in the list below. The year is coming to an end soon, and you better work out your taxes before April, so that you can get as much rebates as possible, or make some <a href="http://singaporeprofit.com/2007/07/30/benefits-of-donating-money-to-charities/" >donations</a>. </p>
<p><strong>1. Tax Cheats Are Thrill Seekers</strong><br />
They tend to be energetic and impulsive. They love to take risks. I guess people take the kick out of being able to get with something.</p>
<p><strong>2. In Business<br />
</strong>He tends to be in investment banking and entrepreneurship. That explains the <a href="http://singaporeprofit.com/2007/10/06/tax-evasion-hawker-jailed/" >curry puff hawker</a>, since he runs a sizeable business.</p>
<p><strong>3. Men Tend To Cheat More<br />
</strong>Overall, men tend to lie on their tax returns, while women are less likely to cheat because they know the penalties if they are caught. In addition, some men declare the taxes for their wives, so the wives do not handle the taxes. A larger proportion of women stay at home without income compared to men.</p>
<p><strong>4. Educated Women Tend to Cheat More<br />
</strong>While women form a smaller percentage, those with degrees tend to cheat more. It could be that with better knowledge, they earn more and hence are more likely to try to reduce their amount of tax payment. Those with lower education may earn less, and hence there is no need to cheat. Or is it due to different values?</p>
<p><strong>5. Self-employed</strong><br />
Self-employed people tend to cheat more, because they are the ones who declare their taxes. Employees have their taxes declared by their employers, hence there are fewer opportunities to cheat. And because of this, they get audited by IRAS more often.</p>
<p><strong>6. High Fliers and The Wealthy</strong><br />
The ones who earn the most have to pay the most. In some countries, they can pay up to 50%. Hence, there is greater incentive to try to reduce the taxes to get away with the exorbitant taxes. You hear about some famous sportspeople moving away to tax havens just to keep more of their money. Again, they get checked more often by IRAS.</p>
<p><strong>7. Show Me The Finger</strong><br />
People who love to show their middle finger or gesticulate rudely while driving are likely to cheat. It’s because they feel offended by other people and society at large, and resort to getting even through such ways. </p>
<p>Do you fall into any of the above categories? Adapted from an interesting article about the profile of a tax cheat in Psychology Today.</p>
<div class="awmp_tags"><a href="http://singaporeprofit.com/search/tax cheat/" rel="tag" >tax cheat</a> <a href="http://singaporeprofit.com/search/tax haven/" rel="tag" >tax haven</a> <a href="http://singaporeprofit.com/search/self-employed/" rel="tag" >self-employed</a> <a href="http://singaporeprofit.com/search/donations/" rel="tag" >donations</a></div><p class="akst_link"><a href="http://singaporeprofit.com/?p=218&amp;akst_action=share-this"  title="E-mail this, post to del.icio.us, etc." id="akst_link_218" class="akst_share_link" rel="nofollow" >Share This</a>
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		<title>Reply to Mr Lawrence Tino&#8217;s Plea</title>
		<link>http://singaporeprofit.com/2007/10/24/reply-to-mr-lawrence-tinos-plea/</link>
		<comments>http://singaporeprofit.com/2007/10/24/reply-to-mr-lawrence-tinos-plea/#comments</comments>
		<pubDate>Tue, 23 Oct 2007 16:00:11 +0000</pubDate>
		<dc:creator>Sarah Tan</dc:creator>
				<category><![CDATA[Article]]></category>

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		<description><![CDATA[A Spam Email somehow managed to slip through, asking me to help this guy with his money. This is what I think of the letter. Apparently there are people who believe him. Dearest, (ST:Can’t even get my name, so scram, you scammer and spammer) I am Lawrence Tino (jnr), the son of Late Chief Lawrence Tino [...]]]></description>
			<content:encoded><![CDATA[<p>A Spam Email somehow managed to slip through, asking me to help this guy with his money. This is what I think of the letter. Apparently there are people who believe him.</p>
<p>Dearest, <font color="#0000ff">(ST:Can’t even get my name, so scram, you scammer and spammer)</font><br />
I am Lawrence Tino (jnr), the son of Late Chief Lawrence Tino <font color="#0000ff">(ST: Why is ‘late’ capitalised? Do they already know that this person is going to die? And is this person important? Why do we need to know the name?) </font>from Cote divorce <font color="#0000ff">(ST:This is Ivory Coast, but it’s known as Côte d&#8217;Ivoire (IPA: [?ko?t div&#8217;w??r ) and only Divorce is found in some lists of countries with wrong spelling) </font>in West Africa.</p>
<p>I want to use this media <font color="#0000ff">(ST:ok, through email, and now I’m giving you’re an opportunity to be featured on my website)</font> to ask for your help in transferring my inheritance into your country. <font color="#0000ff">(ST: Already Singapore has taken offence with Brazil naming as a Tax Haven. Now you want my country to be known as a Money Laundering Centre.)</font></p>
<p>I will be so glad if you can allow and lead me to the right channel <font color="#0000ff">(ST: Do I look like someone who knows how to do all these transferring of money?) </font>towards your assistance to my present situation now.</p>
<p>I’m aware that this might sound strange to you <font color="#0000ff">(ST:Nope, it is not strange, just funny.) </font>but please, I beg you to will handle this matter with the most urgency. <font color="#0000ff">(ST: Alright, I’ll give you the time of the day.)</font></p>
<p>It is my desire to contact you based on honesty and sincerity <font color="#0000ff">(ST: Really?) </font>to assist me in transferring $100000000 (Hundred Million United States Dollars) <font color="#0000ff">(ST: Do you think this amount really excites me? With interest accumulating each day, this sum should not be in a rounded-off figure.)</font> which I inherited from my late father Chief Lawrence Tino who was a Gold and Cocoa merchant <font color="#0000ff">(ST: Usually you hear of Oil Magnate, Gold Magnate, or Cocoa Magnate, and not the two together, unless this man loves diversification). </font></p>
<p>My late father died in Abidjan General Hospital <font color="#0000ff">(ST: Is there a need to tell me the name? There is such a hospital though.)</font>, He was poisoned in one of their business trips <font color="#0000ff">(ST: How dramatic) </font>with his business partners who are selfish and jealous of Him <font color="#0000ff">(ST: Since when did his father become God?). </font></p>
<p>Before his death at the General hospital <font color="#0000ff">(ST: Why isn’t ‘H’ capitalised?)</font>, he told me that he deposited this money in a bank and with an agreement that nobody can withdraw from it until it is being transferred into a foreign partner&#8217;s bank account which I shall nominate as his next of kin <font color="#0000ff">(ST:If this is possible, that means the money does not come from a legal source. Tell me how similar my name can be to be next-of-kin).</font></p>
<p>My Uncles <font color="#0000ff">(ST: Again, strange to have capital ‘U’) </font>took away everything leaving me with nothing <font color="#0000ff">(ST: Well, you still have your Internet access)</font>. The whole problem started when they found out that they can not have an access to the money at the bank <font color="#0000ff">(ST: Since when the uncles are involved in the business)</font> and I Lawrence <font color="#0000ff">(ST: Ok, there’s no need to tell me your name again)</font> refuses <font color="#0000ff">(ST: Why switch tenses suddenly?) </font>to sign any paper (ST: Do you want Double A, No Jam Paper instead?) so that they can gain access to the money.</p>
<p>As I am writing you now <font color="#0000ff">(ST: How can you write me? I’m not a story.)</font>, I am far away from home in fear of my Uncles who are threatening my life <font color="#0000ff">(ST: It’s not as if you have a lot of money. What can they gain if they kill you? Your inheritance which you can’t get?)</font>.</p>
<p>Though, I have discussed with the bank Director and they have accepted to transfer the money to my choice overseas partner <font color="#0000ff">(ST: Ya, so how did you pick me? By spamming?) </font>but the sincerely <font color="#0000ff">(ST: the sincerely? Or They sincerely? If it’s just sincerely, there is a choice not to get one) </font>want to hear from my overseas partner before they can effect the transfer.</p>
<p>I am motivated in contacting you <font color="#0000ff">(ST: Of course you are motivated. You get to cheat my money) </font>and hope to gradually build trust, relationship and confidence in you as I get to know you better. <font color="#0000ff">(ST: Perhaps you will get better luck at some online dating sites.)</font></p>
<p>Indicate your interest towards assisting me by sending your full names <font color="#0000ff">(ST: I’m a law-abiding citizen. I don’t have that many names or aliases to escape from creditors or my victims) </font>and age <font color="#0000ff">(ST: This does really sound like some online dating thing)</font>, phone and fax number <font color="#0000ff">(ST: I don’t have a fax at home, so too bad)</font>, home and office contact address <font color="#0000ff">(ST: Why do you need so many numbers? Might as well ask for my credit card number or bank account number too. Are you planning to let my boss know how stupid I am to fall for your trick?)</font> to me so that I can communicate with you at any time.</p>
<p>I will also appreciate it if you can send across your photo for a better recognition. <font color="#0000ff">(ST: OK, this is a thinly disguised letter for trying to ask me out on a date. Better pick-up line next time.)</font><br />
I will be waiting to hear from you soon.</p>
<p>Thanks.<br />
Lawrence Tino <font color="#0000ff">(ST: Anagrams of his name include: Locate Winner, Trainee Clown, Cleaner In Tow, Trance New Oil. Perhaps it really means, first, locate a big fool, try to make him happy, take him to the cleaners, and then use the money to buy snake oil to trance new big fools)</font></p>
<p>Email:  <a href="mailto:personallawrencetino@yahoo.com.hk">personallawrencetino@yahoo.com.hk</a> <font color="#0000ff">(ST: So, you managed to escape from Africa to Hong Kong.)</font></p>
<p><font color="#0000ff">Oh well, Mr Tino, I don&#8217;t know how you are going to spend that money, but maybe behind bars.</font></p>
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