Court Fines Philip Morris $39.7 Million for Tax Evasion

03.12.2019 - 07:28

BANGKOK (AP) — A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).

(other, Thailand)

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