BIR, PCGG confirm ongoing P23 billion estate tax collection vs Marcoses

Philippines News News

BIR, PCGG confirm ongoing P23 billion estate tax collection vs Marcoses
Philippines Latest News,Philippines Headlines
  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Rappler asked Senator Imee Marcos abous this on the sidelines of a Comelec press conference on Thursday, March 17, but declined to comment and said, “We are talking about the elections.” PHVote WeDecide

MANILA, Philippines – Two government agencies have confirmed that they have been trying to collect unpaid taxes from the heirs of the late dictator Ferdinand Marcos, which were worth P23 billion in 1997 and may have already reached P200 billion based on estimates of lawyers contesting the presidential candidacy of Ferdinand “Bongbong” Marcos Jr.

This is rooted in a 1997 Supreme Court ruling that sustained a Court of Appeals decision that declared the Marcoses’ estate to have a tax deficiency of P23 billion. The Supreme Court said in that decision that the ruling was final and “unappealable.” It was Marcos Jr who appealed to the Supreme Court, crying violation of due process, but he was told by justices in the

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

rapplerdotcom /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BIR says it sent written demand to Marcos family to pay tax liabilities in late 2021The Bureau of Internal Revenue (BIR) confirmed that it has been demanding the family of the late dictator Ferdinand Marcos to settle their estate tax debt -- an amount the camp of Manila Mayor Isko Moreno claimed to have ballooned to over ₱200 billion.
Read more »

BIR confirms sending written demand to Marcos family on P203 billion tax liabilitiesBIR confirms sending written demand to Marcos family on P203 billion tax liabilitiesICYMI: The Bureau of Internal Revenue has confirmed that it sent a written demand to the Marcos family in December 2021 to pay their estate taxes liability worth P203 billion. VotePH
Read more »

Comelec reorganizes divisions, but unresolved Marcos DQ case unaffectedComelec reorganizes divisions, but unresolved Marcos DQ case unaffectedThe last disqualification case against presidential aspirant Ferdinand Marcos Jr. pending with a division of the Commission on Elections will not be affected by the reorganization caused by the entry of new poll officials. PHVote WeDecide READ:
Read more »

Commissioner says Comelec to wait for complaint over cash gifts after Marcos rallyCommissioner says Comelec to wait for complaint over cash gifts after Marcos rallyThe Commission on Elections will wait for a complaint as regards the reported distribution of cash envelopes in Nueva Ecija following a campaign rally of presidential Ferdinand Marcos Jr."We will wait for the proper complaint to be filed so that we can take action thereon," Garcia told reporters.
Read more »

Marcos Jr. claims ‘fake news involved’ in ill-gotten wealth, estate tax casesMarcos Jr. claims ‘fake news involved’ in ill-gotten wealth, estate tax casesDespite amply verified pieces of evidence regarding the illegally acquired assets of the Marcos family, Ferdinand “Bongbong” Marcos Jr. claimed that “there’s a lot of fake news involved there.” | NAMercadoINQ
Read more »

Marcos admits 'actively courting' Duterte for presidential endorsementMarcos admits 'actively courting' Duterte for presidential endorsementPRESIDENTIAL candidate Ferdinand 'Bongbong' Marcos Jr. on Wednesday said he was still hopeful that President Rodrigo Duterte would still give his endorsement 'to solidify the...
Read more »



Render Time: 2025-03-09 22:45:42