The Bureau of Internal Revenue (BIR) has filed a second tax-evasion case against cigarette maker Mighty Corp. for possessing $26.93 billion of cigarettes with false, counterfeit, restored or altered tax stamps. Mighty Corp. produces Migthy Menthol, Mighty Full Flavor King Size and Marvel’s Menthol. In the presence of BoC personnel and representatives of Mighty Corp. and Barangay Matimbubong, the BIR tested the tax stamps affixed on the cigarette packs. “Thus, Mighty Corp. cannot legally remove the said packs of cigarettes from their only plant in Tikay, Bulacan for delivery to the said unregistered warehouses. The second case is on top of the P9.56-billion case slapped by the BIR on Mighty in March for the same infractions.

Source: Manila Times May 09, 2017 17:15 UTC