NOBEL Peace Prize winner Maria Ressa scored a major legal victory on Wednesday after the Court of Tax Appeals dismissed the four tax evasion charges filed against her and Rappler Holdings Corporation in March 2018.The Department of Justice filed the charges against Ressa and her digital news organization for their alleged failure to declare taxable income worth P141.
They argued that PDRs are legitimate financial mechanisms that do not generate taxable income.In its 80-page decision signed by Associate Justices Jean Marie Bacorro-Villena and Marian Ivy Reyes-Fajardo, the CTA acquitted Ressa and RHC for 'failure of the prosecution to prove their guilt beyond reasonable doubt.'The CTA voted 3-0 to decide the 'non-taxability of the issuance of PDRs to North Base Media and Omidyar Network.
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