Dept of Justice files Tax evasion charges vs. Ressa & Rappler

Dept of Justice files Tax evasion charges vs. Ressa & Rappler

Rappler Holdings Corporation (RHC) and Maria Ressa who is President, chief executive officer and executive editor of the news website Rappler, is in trouble again.

The Department of Justice (DOJ) filed before the Court of Tax Appeals a tax evasion case against RHS and Ressa.
Maria Ressa of Rappler (photo credit to owner)

Maria Ressa was given a recommendation by Assistant State Prosecutor Zenamar Machacon-Caparros a bail worth P60,000 for each of the three charges of failure to file tax returns and another P24,000 for tax evasion.

The Assistant Prosecutor ruled that Maria Ressa violated Section 255 of the National Internal Revenue Code of 1997 when she, as President/CEO of Rappler Holdings failed to supply the correct and accurate information in the corporation’s quarterly value-added tax return for the second quarter of 2015.

Assistant Prosecutor  Caparros pointed out that Maria Ressa failed to report the total quarterly sales receipts of more than P2.45 million from the issue and sale of the Philippine Depository Receipts to NBM Rappler L.P., all of which are alleged in the complaint filed by the Bureau of Internal Revenue.

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Report from PhilStar

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