New Delhi Bans Beer Giant Over Tax Evasion
Posted August 01 2019New Delhi bans AB InBev – the world’s largest beer producer – from selling its products in the key New Delhi market for 3 years for evading local taxes. The city government orders from earlier this month followed a 3-year investigation which found that beer maker SABMiller – acquired by AB InBev in 2016 for around $100 billion – used duplicate barcodes on its beer bottles supplied to city retailers that year, allowing it to pay lower levies…