Posted on 2 Comments

BIR Confirms: Marcos Heirs should not Pay Estate Tax unless they Claim Such Inheritance

claim




By: Elena Grace Flores




Showbiz Fanaticz

[VIDEO]: BIR: Marcos Heirs are not Liable for Estate Tax



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.



Bidding Ongoing

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.




2 thoughts on “BIR Confirms: Marcos Heirs should not Pay Estate Tax unless they Claim Such Inheritance

  1. Tax evasion or tax issues must be applied to all candidates with unpaid taxes and not just to BBM. Tax issues must also be done before the campaign period. It’s very much unfair to apply it only to BBM!

    1. Good morning, I had read and understood., Thank you for the information so that the people should also know. BBM MABUHAY!!!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.