Navigate the maze of tax responsibilities and the intricacies of incorporating a medical practice in our comprehensive guide. We dive into the practices of tax avoidance and the legal consequences, breaking down IRAS's three-step approach to identify tax avoidance. Familiarize yourself with common setups observed by the authorities and what subsequent reviews and advice you could expect from IRAS to ensure your practice is compliant. This video is a must-watch resource for medical professionals looking to understand and manage the tax implications of corporating a business
