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• Ecuador says U.S. cigarette makers skirted taxes 

Jump to full article: Reuters, 2000-06-05
Author: Michael Connor

Intro:

Alleging that damage claims may total billions of dollars, Ecuador said Philip Morris (NYSE:MO - news), maker of Marlboros, and R.J. Reynolds Tobacco (NYSE:RJR - news) had a long history of tax avoidance and smuggling in Latin America and elsewhere in the world.

The lawsuit filed in a Miami state court on behalf of Ecuadorean Attorney General Ramon Carbo says the U.S. tobacco companies exported Ecuadorean tobacco products free of ordinary domestic taxes and then illegally brought them back into the South American country for sale.

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