Tobacco companies accused of tax evasion
National
April 20, 2021
Islamabad: The multinational tobacco companies have been trying to evade millions of rupees in taxes under a pretext of exaggerated illicit trade of the product in the country, reveals a study.
The Center for Global and Strategic Studies [CGSS] has conducted a research study, “Illicit Trade in Tobacco: A Dossier on Contributing Factors and its Global Implications,” to expose the connection between the alleged illicit trade and tax evasion by the multinational tobacco companies.
The study said that the companies were using the illegal trade as a smokescreen to avoid taxation and implement international commitments.