MANILA, Philippines — The Court of Tax Appeals on Wednesday has acquitted Nobel Laureate Maria Ressa and Rappler Holdings Corporation of four counts of tax evasion.
In a decision by its First Division, the Tax Court ruled in favor of acquittal for “failure of the prosecution to prove the guilt beyond reasonable doubt.”The case was filed in 2018 by the Department of Justice over the failure of Ressa and Rappler to declare a P162.41-million profit from the issuance of Philippine Depositary Receipts in 2015.
PDRs are financial instruments used by some entities to receive foreign investment without violating the constitutional requirement of full Filipino ownership.
Ikulong si rodrigo roa duterte habang buhay pa ang putangina
Buhay ang Demokrasya 🤣
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippine tax court clears Nobel laureate Maria Ressa, Rappler of 4 casesNobel laureate and Rappler CEO Maria Ressa receives the verdict of the Court of Tax Appeals clearing Rappler of four tax cases on Wednesday, January 18. CourageON DefendPressFreedom HoldTheLine 📸: Rappler Read Rappler's statement here: mariaressa A very Good news! Congratulations Rappler and CEO mariaressa first best news for 2023
Source: rapplerdotcom - 🏆 4. / 86 Read more »
FAST FACTS: Who are the PH tax court justices who cleared Maria Ressa, Rappler Holdings?Here's what we know about the CTA 1st Division justices who decided the tax evasion case.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
LIST: Cases vs Maria Ressa, Rappler directors, staff since 2018There are at least 4 active cases pending in court against Rappler, its CEO Maria Ressa, as well as its directors and a former researcher. CourageON HoldTheLine DefendPressFreedom
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Court of Tax Appeals acquits Maria Ressa in tax evasion casesThe Court of Tax Appeals (CTA) on Wednesday acquitted Rappler CEO Maria Ressa of four tax evasion charges that were filed against her by the Duterte administration. Yung convicted tax evader naman ang singilin niyo BoBoMinions. 💩💩💩🤡🤡🤡 Emphasizing during Duterte administration. Style niyo GMA akala niyo hindi namin mahahalata?
Source: gmanews - 🏆 11. / 68 Read more »
LIVESTREAM: Senate hearing on proposed amendments to AFP fixed-term lawWatch the Senate hearing here on Rappler at 1:30 pm (Manila time) on Tuesday, January 17.
Source: rapplerdotcom - 🏆 4. / 86 Read more »