Headline
Gov’t firm on collecting Marcos heirs’ unpaid taxes: Dominguez
MANILA – The government is intent on collecting the unpaid estate taxes from the Marcoses, Finance Secretary Carlos Dominguez III said.
“We have been in discussion, intense discussion with the Bureau of Internal Revenue on this issue and they are studying this issue very carefully,” he told journalists on Tuesday.
There have been several amounts on how much the estate tax due to the government from the family of former President Ferdinand Marcos Sr. and Dominguez said “that is for the BIR to determine.”
Dominguez said the amount originally was about PHP9 billion but because of penalties and interest after several court cases, there have been several amounts floated, such as PHP99 billion and PHP203 billion.
“So which amount is going to be settled is in discussions now with BIR,” he said, adding that from his understanding from the BIR, “is that they are trying to cut through all these issues in order to do the job.”
BIR Commissioner Caesar Dulay last month said the agency sent the Marcos heirs last December a written demand letter regarding their tax liabilities.
According to the Human Rights Violations Victims’ Memorial Commission, the Supreme Court (SC) in July 2003 ruled that over PHP25 billion worth of Marcos assets were considered ill-gotten.
The Presidential Commission on Good Government (PCGG), created in 1986 to recover the Marcoses’ and their cronies’ ill-gotten wealth, has so far recovered PHP171 billion.
Hannah Sheila
April 6, 2022 at 8:34 AM
This article showed that the stance of the government is to help the needy and punish the corrupt officials who benefitted on the tresury of the FIlipinos. To think that it could be up to P230B is just absurb if the government would let this mishap or corruption past through. I think it’s about time that someone may it be a known person or not be punish by law by claiming what’s not rightfully theirs and on top of that denying allegations without properly facing the consequences.
Gian Michael De Polonia
April 7, 2022 at 10:55 AM
So obviously the figures are bloated for political mileage of the ambitious politicians. It really doesn’t matter to them the inaccuracy of their statements. What matter is scoring political dirts to their opponents. Isn’t that so pathetic? Mga nagmamalinis pero umaalingasaw ang sariling lansa. Naaamoy ang iba, pwera lang ang sarili. Susmaryosep!, don’t really know how to win cleanly.