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More Mighty cigarettes found with fake tax stamps

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ABS-CBN News

MANILA (UPDATE) - Authorities said Wednesday they found more fake tax stamps following separate raids on cheap cigarette-maker Mighty Corp&#x27;s facilities.The forged stamps in 50 cases of cigarettes found in the company&#x27;s Pampanga warehouse could lead to P1 billion in losses to the government, said Bureau of Internal Revenue Chairman Caesar Dulay.Cigarette packs bearing forged tax stamps were also seized from a Mighty Corp container van in Tacloban City port, according to the Bureau of Customs.<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2017/business/03/08/mighty-cigars.jpg"/></figure></div>President Rodrigo Duterte had called for the arrest of Mighty Corp&#x27;s owner for alleged &quot;economic sabotage.&quot; The finance department had been investigating the firm for allegedly evading taxes with fake stamps.The BIR will continue checking Mighty&#x27;s Pampanga warehouse through the weekend, Dulay said.Dulay said Mighty was being investigated separately for alleged failure to pay excise taxes from 2010 to 2015. -- reports from Carolyn Bonquin and Jenette Ruedas, ABS-CBN News

Authorities said Wednesday they found more fake tax stamps following separate raids on cheap cigarette-maker Mighty Corp's facilities.

Authorities said Wednesday they found more fake tax stamps following separate raids on cheap cigarette-maker Mighty Corp's facilities.