Results 1 to 4 of 4
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    @
    Location
    Chiang Mai
    Posts
    31,713

    Philip Morris (Thailand) fined 1.22 billion baht for customs tariff evasion

    Philip Morris (Thailand) Ltd. was today fined 1.22 billion baht by the Thai Criminal Court after the cigarette importer was found guilty of customs duty evasion by under-declaring the value of cigarettes imported from the Philippines between 2003 and 2006.


    The court, however, acquitted the company’s managing director, Gerald Margolis, and six other staff members, due to insufficient evidence to prove their involvement in the tax evasion.


    The public prosecutors charged the defendants with evading customs duty by under-declaring the value of Marlboro and L&M brands of cigarettes imported into Thailand from the Philippines, causing damage to Thailand in lost tax revenue, estimated at about 20.2 billion baht.


    All the defendants denied the charges and fought the case in court.

    https://www.thaipbsworld.com/philip-...ariff-evasion/

  2. #2
    Member Bettyboo's Avatar
    Join Date
    Nov 2009
    Last Online
    @
    Location
    Bangkok
    Posts
    32,695
    If they cheated 20 billion baht of payments then you'd think they'd be happy to pay a 1 billion fine. If...

  3. #3
    Thailand Expat
    beerlaodrinker's Avatar
    Join Date
    May 2011
    Last Online
    Today @ 12:02 PM
    Location
    vientiane
    Posts
    6,681
    They pissed of the thai tobacco monopoly is the bottom line . It aint called a monopoly for no reason.

  4. #4
    Thailand Expat
    beerlaodrinker's Avatar
    Join Date
    May 2011
    Last Online
    Today @ 12:02 PM
    Location
    vientiane
    Posts
    6,681
    Quote Originally Posted by Bettyboo View Post
    If they cheated 20 billion baht of payments then you'd think they'd be happy to pay a 1 billion fine. If...
    1.22 Billion betty. Read it again. Someone got a big pay day thais hate it when farangs avoid tax . But love it when they can do so themselves

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •