Tire Importers Face Prison Time for Alleged Failure to Pay Excise Taxes
Two tire importers in Miami face years in prison for their alleged failure to pay excise taxes on their tire imports, the Justice Department said in a Feb. 21 press release. Marco Parra and Eira Luces-Parra, a married couple who…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
owned Road Plus Tire, allegedly collected excise taxes from some tire retailers that bought their imported tires, but failed to file an excise tax return. In other instances, they allegedly did not collect the taxes at all, instead obtaining false bills of lading claiming that the tires were exported so they could claim an excise tax credit. The two were indicted by a federal grand jury Feb. 20 in the South Florida U.S. District Court. If convicted, they face a maximum of five years in prison for each count, DOJ said.