Dayum, for all the paper currency burnt up for the netherworld, the people who actually create the joss paper are making pretty mad real-life cash.
Forget selling really good roast meat; Chwee Guan Joss Paper Sticks & Candles Trading Co was found to have raked in thousands of dollars when it evaded paying taxes. According to the Inland Revenue Authority of Singapore (IRAS), the two partners in the joss paper company were said to be behind the biggest case of tax evasion in the country in the last five years.
Brothers Teo Chwee Guan and Teo Seo Gee were ordered to cough up taxes and penalties of over $2.3 million for offences related to income tax and goods and services tax (GST) offences back in 2013, AsiaOne reported.