A report compiled by the Senate Tax Study and Research Office (STSRO) details what the government is calling “fraudulent practices” by tobacco producer Mighty Corp. to avoid paying proper taxes and duties, rival tobacco company Philip Morris Fortune Tobacco Corp. (PMFTC) said.

Paul Riley, PMFTC president, presented the report in a press conference on Friday, detailing the under-declaration practices of Mighty for its import and export materials and products, highlighting the fact that Mighty’s excise tax volume share was well below the 23.7 percent consumer market share the company had captured as of end-June.

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