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Description
The head of JTI Philippines said in an online conference that PP50-million minimum cash fine and possible jail time of 8-12 years as provided in Republic Acts 11346 and 11467 of the National Internal Revenue Code have not deterred illicit traders from plying their trade
This 90% gap, which customs data specialists described to Reuters as unusual, points to a vast, undeclared flow of goods
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Yet Parker just turned 65 this month
2022 sales were down more than 80 percent from their 1982 levels, averaging about a two percent decline per year over the period
