Rappler, a Filipino-owned company critical of former president Rodrigo Duterte's policies, described the ruling as a victory for "everyone who has kept the faith that a free and responsible press empowers communities and strengthens democracy." "All the dismissed tax cases were based on the false and flimsy premise that, when Rapper issued Philippine Depositary Receipts in 2015, it was not raising capital but earning a taxable profit, which it supposedly willfully did not declare. We are pleased that the court saw through that," Rappler said in a statement.
Presiding Judge Ana Teresa Cornejo-Tomacruz of the Pasig City Regional Trial Court Branch 157 issued the court's decision yesterday, eight months after the Court of Tax Appeals dismissed four other tax cases.
The court also dismissed the civil aspect of the case.
"This is one of the five cases... filed by the government in relation to the PDR (Philippine Depositary Receipts) transactions of Rappler. We're thankful that the court finally dismissed the fifth one and hopefully that's the end of it," Francis Lim, Ressa's lawyer, told reporters.
Bu hikaye The Philippine Star dergisinin September 13, 2023 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin September 13, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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