Thailand News: Tax-evasion lawsuit to proceed against Philip Morris - News Summed Up

Thailand News: Tax-evasion lawsuit to proceed against Philip Morris


Tax-evasion lawsuit to proceed against Philip MorrisBy The NationPiyasakol SakolsatayadornPUBLIC Health Minister Piyasakol Sakolsatayadorn assured yesterday that a lawsuit against a leading tobacco firm over tax-evasion charges would continue as normal. “Legal proceedings have already begun and will continue,” Piyasakol said when asked about Foreign Minister Don Pramudwinai reportedly asking the PM to put the brakes on the lawsuit. The government is suing Philip Morris for evading taxes worth Bt60 billion by allegedly declaring that a pack of cigarettes is sold for Bt7, when in reality a pack of cigarettes is sold for Bt145. Dr Hatai Chitanondh, who chairs the Thailand Health Promotion Institute, said last week that the government has solid evidence against the tobacco firm. Philip Morris has a large manufacturing plant in the Philippines.


Source: The Nation Bangkok May 28, 2019 02:15 UTC



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