MANILA, Philippines — The Bureau of Internal Revenue (BIR) will study the estate tax case of the family of President Ferdinand “Bongbong” Marcos Jr., the bureau’s commissioner Romeo Lumagui
“Pagaaralan po natin yan at sisisguraduhin natin na lahat ng aksyon na gagawin natin diyan ay yung naayon lang sa batas,” Lumagui, whomIt can be recalled that the estate tax case became a hot button issue hurled against Marcos Jr. by his opponents.
In 1997, the Supreme Court ruled that the family of late President Ferdinand Marcos Sr. owed P23 billion in estate tax, but the amount alreadyMarcos’ former spokesperson and executive secretary Vic Rodriguez, however, insisted thatand the ownership of the properties in litigation has yet to be settled.
But the Presidential Commission on Good Government said the BIR “already executed its final assessment” on the involved properties as early as 1993 and that “as early as 1997, the judgment on the tax case had become final and executory.”in December 2021 to pay their estate taxes liability.
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