A PASIG court has acquitted Rappler Holdings Corporation (RHC) and its chief executive officer, Nobel laureate Maria Ressa, from a tax evasion case that stemmed from the alleged...
A PASIG court has acquitted Rappler Holdings Corporation and its chief executive officer, Nobel laureate Maria Ressa, from a tax evasion case that stemmed from the alleged incorrect and inaccurate information on their income tax return for 2015.
Rappler was accused of evading tax payments amounting to around P141 million when it increased its capital through partnership with foreign investor North Base Media and Omidyar Network involving the issuance to the two entities of Philippine Depositary Receipts or PDRs that grant them the right to the delivery or sale of underlying shares, among others.
In January 2023, the Court of Tax Appeals acquitted Ressa of the similar charges after the prosecution failed to prove the accused’s guilt beyond reasonable doubt.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Maria Ressa welcomes acquittal from Pasig courtNOBEL laureate Maria Ressa has welcomed her fifth acquittal on the tax evasion cases filed against her.
Read more »
Nobel laureate Maria Ressa, Rappler acquitted of tax evasionThe court victory ends four years and 10 months of trial of the case filed under the administration of former president Rodrigo Duterte
Read more »
Court clears Ressa, Rappler of tax chargesThe Pasig Regional Trial Court (RTC) Branch 157 acquitted journalist and Nobel Peace Prize winner Maria Ressa and her news
Read more »
Maria Ressa cleared of tax evasion chargesNOBEL Laureate Maria Ressa and Rappler Holdings Corporation (RHC) were acquitted by a Pasig Regional Trial Court, over charges of tax evasion.
Read more »
PH Nobel winner Maria Ressa acquitted of tax evasion: courtMANILA, Philippines–Philippine Nobel laureate Maria Ressa was acquitted Tuesday of her final tax evasion charge, in the latest legal victory for the veteran journalist as she battles to stay out of prison.
Read more »
Rappler statement on acquittal for tax evasionThis is a victory not just for Rappler but for everyone who has kept the faith that a free and responsible press empowers communities and strengthens democracy
Read more »