Jan 22
FAP WITHDRAWS TRO RE AMUSEMENT TAX by fapweb  |  Posted in Articles  |  on Wed, Jan 22, 2014

The Film Academy of the Philippines has withdrawn its pleading for a temporary restraining order to prevent the release of the amount representing the amusement tax or any portion thereof to MMDA and MMFF Executive Committee.

Director-General Leo G. Martinez said that there are other beneficiaries of the amusement tax rebate aside from the Academy. These include the MOWELFUND, the Motion Picture Anti-Film Piracy Council, the Film Development Council of the Philippines and Optical Media Board.

He clarified that their shares must not be withheld because of an TRO. He added that the court will still act on the Academy’s pleading that the MMDA follow the COA report re the determination of the right amount of amusement tax rebate to be turned over to the beneficiaries.

Martinez and other members of the Academy filed the TRO at Quezon City Hall on Wednesday morning, January 15.

The FAP director-general was questioning the method of computation being used by the MMFF committee in determining the amount to be distributed to the beneficiaries of the festival.

Further, Mr. Martinez stressed that the main objective was to get a reply from MMDA Chairman Tolentino on the questionable computation.

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