Corona told to explain why he shouldn't be cited in contempt | Inquirer News
Close  

Corona told to explain why he shouldn’t be cited in contempt

/ 03:12 PM July 01, 2015
Former chief justice Renato C. Corona.   FILE PHOTO

Former chief justice Renato C. Corona. FILE PHOTO

The Court of Tax Appeals ordered former Chief Justice Renato Corona to explain why he should not be cited in contempt of court for failure to appear in his arraignment on the remaining six counts of tax evasion.

Corona is facing 12 counts of tax evasion cases. He is facing a tax liability of P120.5 million for violation of Sections 255 (failure to file income tax return) and 254 (attempt to evade payment of taxes). Based on the Bureau of Internal Revenue (BIR) complaint, Corona did not declare all his assets in his Statement of Assets Liabilities and Networth.

ADVERTISEMENT

READ: Corona faces P120-M charge for tax evasion

 

FEATURED STORIES

Aside from the bank deposits, he also did not declare two real properties he acquired during his stint in government: a condominium unit at the Columns, along Ayala Avenue that he bought for P3.6 million in 2004 and a property in Fort Bonifacio that he bought for P9.16 million in 2005.

Then, last February, Corona insisted before the Tax Court that he should be arraigned only for violating Section 255, or failure to file income tax returns. They argued that both sections 255 and 254 (attempt to void or defeat tax collection) constituted the same acts of tax evasion under the NIRC.

But the Tax Court denied the bid and insisted he should be arraigned. Corona was arraigned on the six counts for violation of Section 255 but deferred the arraignment on the other six. Arraignment was set on April 15 then moved to May 6 and eventually July 1.

READ: Corona’s bid to be arraigned on 6 tax cases only rejected

Atty. Reinhard Sanchez told the Tax Court that Corona’s legs were swollen and he needed to see a doctor.

Sanchez said they have no intention to delay the proceedings, but that Corona’s physical condition was important.

“He is willing to be arraigned at the soonest possible opportunity,” he assured.

ADVERTISEMENT

Associate Justice Amelia Cotangco-Manalastas said he “should show cause why he should not be cited in contempt of court.”

The camp of Corona was given five days to comply and submit a medical certificate.

Arraignment was reset to July 22. IDL

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: arraignment, Chief Justice Renato Corona, Corona tax evasion, Court of Tax Appeals (CTA), Tax evasion
For feedback, complaints, or inquiries, contact us.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.