By: Elena Grace Flores
Marcos Heirs Did Not Claim Inheritance
According to the consensus among regional directors and district officers of the Bureau of Internal Revenue (BIR) nationwide. The Marcos heirs are not liable for the late Ferdinand E. Marcos’ estate tax. They did not claim such properties. The BIR is also not negligent in managing them.
Simplifying the Law
By law, the estate tax is levied on real and personal properties of a dead person and not on the assets owned by his relatives. Therefore, what PCGG did was illegal. The BIR tried to sell the properties that the Marcos heirs did not claim – but there were no takers.
The BIR is scheduled to rebid 11 properties of the Marcos family in Tacloban City this month. Prior to that, the BIR has already seized several properties of Marcos’ in Metro Manila and elsewhere but there was no bidder when auctioned. This is contrary to the claims of BBM’s detractors.