FILE PHOTO: Supreme Court of the Philippines facade
MANILA, Philippines —The Supreme Court on Wednesday (December 5), upheld the Court of Tax Appeals’ decision acquitting former Ang Galing Pinoy party-list representative, Mikey Arroyo, of tax evasion charges.
It will be recalled that Arroyo was charged for failing to pay proper taxes and file income tax returns from 2004 to 2008.
In a resolution, the Supreme Court Division states that the Court of Tax Appeals (CTA) thoroughly “sifted” the evidence and analyzed the records when it reviewed the elements of the offenses against Arroyo.
The High Court added that the CTA, having noted that Bureau of Internal Revenue (BIR) failed to discover the sources of Arroyo’s alleged questionable income, disclosed the reasons why the charges against Arroyo could not prosper and how the chosen audit procedure known as the net worth method was not enough to prove his criminal liability with the given information.
In 2011, the BIR filed tax evasion raps against Arroyo after discovering several discrepancies in his net worth and declared income.
His alleged unpaid taxes amounts to P24.4 million for the years 2004, 2006 and 2007. —Mai Bermudez | UNTV News & Rescue
ERRATUM: An earlier version of this report incorrectly identified the accused to be former first gentleman Mike Arroyo instead of his son, former Ang Galing Pinoy party-list representative Mikey Arroyo. Changes have already been made to the article. We apologize for the error.
The post SC upholds tax court’s acquittal of Mikey Arroyo appeared first on UNTV News.
