False information by States Times Review. Instead of STR’s “CPF Board demanding taxes from the players”, CPF Board is actually helping to investigate if the clubs did not contribute to the players’ CPF accounts, like how any other companies should do!
The Central Provident Fund Board is investigating local S-League clubs for possible non-payment of CPF contributions to their Prime League footballers.
A CPF Board spokesman told The Straits Times last night: “The CPF Board takes a serious view of employers who do not fulfil their CPF obligations to their employees.
“Investigations are ongoing and CPF Board will not hesitate to take action against any football club that failed to make the requisite CPF contributions for their players.”