Bangkok, Oct 9, 2025 (AFP) - Thai Supreme Court cuts tax evasion fine for Philip Morris

NAMPA / AFP
2025-10-09
Thailand's Supreme Court on Thursday cut a fine imposed on a local unit of tobacco giant Philip Morris for evading tax on imported cigarettes from $4 million down to about $610,000. The case, which began in 2017, centred on accusations that Philip Morris Thailand under-declared prices for cigarettes imported from Indonesia in 2002 and 2003. A lower court handed down the original $4 million penalty in 2020 to the local unit of the firm, which owns......
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