Tax court junks SolGen’s move to reverse Maria Ressa’s acquittal

In a July 16 verdict, the Court of Tax Appeals rules in favor of Rappler CEO Maria Ressa and Rappler Holdings Corporation

This is AI generated summarization, which may have errors. For context, always refer to the full article.

MANILA, Philippines – The Court of Tax Appeals on July 16 junked for “lack of merit” a plea by the solicitor general to reverse a Pasig court’sIn a 15-page decision written by Associate Justice Belen Ringpis-Liban of the CTA’s 2nd Division, the court denied the petition for certiorari filed by the Office of the Solicitor General on December 29, 2023, against Pasig Regional Trial Court 157 Judge Ana Teresa Cornejo-Tomacruz, who had acquitted Ressa and RHC of tax evasion charges in September last...

Still pending with the CTA is the OSG’s other petition before the CTA en banc to nullify the 1st division’s acquittal of Ressa and RHC in January 2023 from four tax evasion charges.The tax cases stemmed from the OSG’s claim that RHC acted as a “dealer in securities” when it issued Philippine Depositary Receipts to investors. The CTA ruled that the transactions were in line with the RHC’s purpose as a holding company.

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:

rapplerdotcom /  🏆 4. in PH

Maria Ressa News About Rappler Philippine News About Rappler Editors' Pick National News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CTA affirms acquittal of Maria Ressa, Rappler in 5th tax caseLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Court of Tax Appeals clears Maria Ressa in last tax caseDefining the News
Read more »

Failure to tax world's richest means global tax needed—reportDefining the News
Read more »

Rappler, Deutsche Welle to train youth leaders to promote media literacyThe 'Movers for Facts' trainers’ training program will engage 30 local youth leaders from Luzon and Mindanao on media and information literacy. Be part of the program and submit your application before July 15!
Read more »

[OPINION] Making the important interesting: My Rappler journalism fellowship experience'I also realized that I do not need to choose which is better – print reporting or digital. Both are essential: the discipline of multi-layer verification practiced in writing for print and the creative ability provided by the digital platforms in reporting complement each other.
Read more »

[Rappler Investigates] When China, Leila, Sara conspire'Former senator Leila de Lima was cleared of all drug charges, Vice President Sara Duterte quit as education secretary, and the Philippine government tripped over itself'
Read more »