The Supreme Court has reduced Philip Morris Thailand’s tax-evasion fine by 85%, from 130 million baht ($3.9 million) to just 20 million baht ($613,250), after finding the company had circumvented tax obligations and excise duties in violation of the Customs Act by smuggling L&M and Marlboro cigarettes between January 2002 and August 2003 into the country from abroad, while also dismissing charges against one employee and acquitting another.
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- The Supreme Court has reduced Philip Morris Thailand’s tax-evasion fine by 85%, from 130 million baht ($3.9 million) to just 20 million baht ($613,250), after finding the company had circumvented tax obligations and excise duties in violation of the Customs Act by smuggling L&M and Marlboro cigarettes between January 2002 and August 2003 into the country from abroad, while also dismissing charges against one employee and acquitting another.
- What do you think?
What do you think?
Prasert Wichian
Kittipong Maneerat
Nurul Hidaya Chehusoh
Amulet Organizer
Ant Surveyor
Mango Hoarder
“On the advice of counsel, I’ll be invoking Philip Morris v. Thailand in my upcoming parking-ticket defense.”
“See? This just proves that even a 250 billion dollar international corporation can’t escape justice for more than twenty years.”
“I always knew smoking kills, but I didn’t realize it could also lightly inconvenience a multinational.”
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