In Singapore,ifthe tax is not paid by the due date, a ________penalty and _________additional penalty per month. In addition, IRAS may take recovery action.

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In Singapore,ifthe tax is not paid by the due date, a ________penalty and _________additional penalty per month. In addition, IRAS may take recovery action.
A . 3%, 1%
B . 10%,2%
C . 5%, 1%
D . 8%,2%

Answer: C

In Singapore,ifthe tax is not paid by the due date, a penalty and _additional penalty per month. In addition, IRAS may take recovery action.

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