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Brands belonging to Gold Leaf Tobacco Corporation are engaged in illegal price wars with several South African brands sold below the minimum collectible tax (MCT), indicating tax evasion.
“Brands belonging to Gold Leaf Tobacco Corporation are winning the illegal price war with a number of South African brands purchased below the MCT.”
The media report states illegal cigarettes are sold far below the minimum tax and brands belonging to Gold Leaf Tobacco Corporation are winning the illegal price war in South Africa.
“Illegal cigarettes are being sold for just R6.00 per pack, a fraction of the minimum collectible tax of R21.60. Brands belonging to Gold Leaf Tobacco Corporation are winning the illegal price war”