CIGARETTE manufacturer Mighty Corp. said it was willing to cooperate with the government after being slapped a tax-evasion case worth P9.564 billion by the Bureau of Internal Revenue (BIR) on Wednesday. Mighty Corp. manufactures Mighty Menthol, Mighty Full Flavor King Size and Marvel’s Menthol, among other brands. The warehouses which were being leased by Mighty Corp. based on a certification and contracts of lease provided by the SSIP Administrative Office. The master cases containing the said cigarettes with fake stamps were marked ‘Tested Fake’ and confiscated,” the BIR noted. An inventory also showed that Mighty Corp. stored 66,281 master cases containing 33,140,500 packs of cigarettes.

Source: Manila Times March 22, 2017 16:18 UTC