President Marcos should lead by example and pay his family’s estate taxes, penalties and surcharges to encourage other taxpayers to settle their obligations, a member of the Makabayan bloc said. | JMAurelioINQ /PDI
She added: “The Marcos administration has no moral authority to compel delinquent taxpayers to pay their taxes when the President and his family owe billions to the Filipino people.”Castro raised the matter at the House committee’s hearing on House Bill No. 7409, which sought to extend the amnesty period for another two years.
Under Republic Act No. 11213, or the 2019 Tax Amnesty Act, an amnesty period for the estate tax dues was set from June 15, 2019, to June 14, 2021. This was extended to June 14, 2023, under RA 11569.“Can the president avail [himself of] this estate tax amnesty, just in case? It would be a good image if our President would volunteer to pay his family’s estate tax liabilities,” Castro said during the hearing.
The government was able to collect P7.406 billion, or above its P6-billion collection target, Salceda noted. “I sincerely hope this will be the last time we extend RA 11213 because it defeats the purpose of tax compliance if violations will always be forgiven,” the lawmaker said.During the campaign for the May 2022 presidential election, the estate tax liability of the Marcos family was a hot-button topic for then-candidate Ferdinand Marcos Jr. His team, on several occasions, dismissed the issue as “all about politics” and a misdirection, while insisting that the case was “still pending in court.
According to the Presidential Commission on Good Government, the BIR had “already executed its final assessment” on the Marcos properties involved as early as 1993, and that “as early as 1997, the judgment on the tax case had become final and executory.”
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