Acquittal of corporate officer does not erase liability for deficiency taxes

--------------------------------------------------------------------
Source: The Manila Times
Published: 2026-09-25 02:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Law & Courts, Tax & Budget, Business & Economy
--------------------------------------------------------------------
Snippet:
Does the acquittal of the taxpayer in the criminal case result in the extinguishment of the civil liability of the corporation for the associated deficiency taxes? For reference, the acquittal was based on the failure of the prosecution to prove the taxpayer’s active participation in the violation of tax laws.
--------------------------------------------------------------------
>>> Read full article at The Manila Times <<<
<-- Back to Home
< >
[Close]