.NobelPrize Peace Prize winner mariaressa & her news firm rapplerdotcom were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle critical reporting.
The Court of Tax Appeals ruled that prosecutors failed to prove “beyond reasonable doubt” that Ressa and Rappler Holdings Corp. evaded tax payments in four instances after raising capital through partnerships with two foreign investors. “The acquittal of the accused is based on the findings of the court...that respondents did not commit the crime charge,” the court said in its decision. Rappler welcomed the court decision as “the triumph of facts over politics.
The Philippine commission then ordered the closure of Rappler on the basis of the allegation, which Rappler denied and has appealed saying it was a news company totally owned and controlled by Filipinos.The tax court ruled that the Philippine Depositary Receipts issued by Rappler were non-taxable, removing the basis of the tax evasion charges filed by Justice Department prosecutors under Duterte. “No gain or income was realized by accused in the subject transactions,” the court said.
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