![[ANALYSIS] Inconvenient truth: The Marcos estate tax liability](https://i.headtopics.com/images/2022/4/6/rapplerdotcom/analysis-inconvenient-truth-the-marcos-estate-tax-liability-1511505513523163138.webp)
He who cannot even follow a basic command of the law to pay tax has no business nor right to become the president of a republic where rule of law is the anchor of its existence. Opinion ThoughtLeaders
without a clear understanding of how it came about. This article is intended to state and underscore the facts that transpired which gave rise to this estate tax liability which remains unsettled.
The assessment was not protested administratively by Mrs. Marcos and the other Marcos heirs within 30 days of said assessment. A protest is a basic requirement of the National Internal Revenue Code if one disagrees with the tax assessment which is a remedy available to a taxpayer under the law.
To provide light and clarity on the Marcos estate tax liability, it is worthwhile to reiterate the reasons articulated in the decision namely: It is the BIR and not the Department of Justice which is task to determine the amount of tax due upon the subject estate and whose determinations and assessments are presumed correct and made in good faith.
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