The Inland Revenue Board (IRB) has imposed travel restrictions on 203,123 individuals and companies as of Nov 30.

In a statement today, the IRB said the number included 175,656 individuals with arrears under Section 104 of the Income Tax Act 1967, as well as 12,205 individuals with tax arrears under Section 22 of the Real Property Gains Tax Act 1976.

“According to Sections 104 and 75A of the Income Tax Act 1967...