Multimedia reporters Lian Buan and Jairo Bolledo discuss the Court of Tax Appeals' decision to acquit Maria Ressa and Rappler Holdings Corp. of tax evasion. DefendPressFreedom CourageON HoldTheLine
that it evaded tax payments when it raised capital through its partnership with foreign investors North Base Media and Omidyar Network . This involved the issuance to the two entities of Philippine Depositary Receipts or PDRs, financial instruments commonly used even among media companies like ABS-CBN and GMA Network.
Multimedia reporters Lian Buan and Jairo Bolledo, who cover the Philippine judiciary, explain the ruling and what went on behind the scenes during the verdict reading on Wednesday.
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