Until the end of President Duterte’s term, the current administration will be determined to collect the unpaid estate tax of the heirs of the late former President Ferdinand E. Marcos, the Department of Finance (DOF) said. On the sidelines of the Philippine Economic Briefing on Tuesday, April 5,...
Senator and lawyer Aquilino "Koko" Pimentel III asserted on Tuesday that heirs who have delinquent estate must no longer receive their inheritance. In an ANC interview on Tuesday, Pimentel said it was because "theoretically the entire estate of the person who died would have to be surrendered to...
Presidential candidate Senator Panfilo M. Lacson on Monday, April 4 said he would inhibit himself from any Senate investigation into the unpaid P203-billion estate tax on the Marcos family. "Ako, dahil presidential candidate ‘yung involved sa isyu—sabi ko nga kanina—mag-i-inhibit ako sa...
Presidential aspirants Senators Manny Pacquiao and Panfilo “Ping” Lacson are among the candidates who are vocal in saying they are in favor of banning political dynasties during the Commission on Elections (Comelec) presidential debate held on Sunday night. Pacquiao, however, said that even if...
Senator Aquilino “Koko” Pimentel III has filed a resolution calling for a Senate inquiry into the apparent failure of the Bureau of Internal Revenue (BIR) to collect the estate tax obligation due on the estate of the family of former president Ferdinand Marcos. In filing Senate Resolution No....
Opposition coalition 1Sambayan on Saturday, April 2, denied Senator Imee Marcos’ accusations that the matter of her family’s P203-billion estate tax debt was a smear campaign against his brother, former Senator Ferdinand Marcos Jr., even though it has been 23 years since the Supreme Court ruled...
Senator Imee Marcos on Friday, April 1 questioned the timing of the revival of her family’s estate tax issue and blamed dirty politics for it. The eldest daughter of the late President Ferdinand E. Marcos, however, emphasized that any debt owed to the government must be paid. Imee said her family...
Deputy Speaker Rufus Rodirguez of Cagayan de Oro remains optimistic of things: first, that Vice President Leni Robredo will be the next president of the country. Deputy Speaker Rufus Rodriguez And second, that a Robredo presidency might pave the way for the suspension of excise taxes on fuel which...
The Bureau of the Internal Revenue (BIR) is planning to auction off some of the properties of the late President Ferdinand E. Marcos as his heirs continue to refuse in paying the estate tax. In a report to Finance Secretary Carlos G. Dominguez III on Wednesday, March 30, the BIR disclosed that the...
Communications Secretary Martin Andanar said President Duterte was only reminding the Bureau of Internal Revenue (BIR) to do its job and collect taxes following reports of a certain presidential candidate having unpaid estate taxes. File photos Andanar made this statement after Duterte said in his...
LAMBAYONG, Sultan Kudarat–Presidential bet Ferdinand “Bongbong” Marcos Jr. says that micro, small, and medium enterprises should be given financial aid (ayuda), a “tax holiday” to cushion the economic burdens of the Covid-19 pandemic, and microfinancing from private investors to help...
Senatorial candidate and incumbent Sorsogon Governor Francis “Chiz” Escudero has urged the government to channel all collections from taxes on fuel to a more substantial aid package for struggling households. Instead of the measly P200 monthly allowance, Escudero said Congress should pass a...
