Marcos camp on estate tax case: It’s all about politics

Atty. Victor Rodriguez, chief of staff and spokesperson of Ferdinand “Bongbong” Marcos Jr. Screengrab from PTV

MANILA, Philippines — Claiming the issue about the Marcos family’s estate tax is “all about politics,” the camp of presidential candidate Ferdinand “Bongbong” Marcos Jr. insisted that the case “is still pending in court.”

“Our rivals are misdirecting everyone by claiming that the case has attained finality when the truth of the matter is, it is still pending in court and the ownership of the properties in litigation has yet to be settled,” lawyer Victor Rodriguez, spokesperson for Marcos Jr., said in a statement on Saturday, without citing the specific cases he was referring to.

Atty. Victor Rodriguez, chief of staff and spokesperson of Ferdinand “Bongbong” Marcos Jr. Screengrab from PTV

MANILA, Philippines — Claiming the issue about the Marcos family’s estate tax is “all about politics,” the camp of presidential candidate Ferdinand “Bongbong” Marcos Jr. insisted that the case “is still pending in court.”

“Our rivals are misdirecting everyone by claiming that the case has attained finality when the truth of the matter is, it is still pending in court and the ownership of the properties in litigation has yet to be settled,” lawyer Victor Rodriguez, spokesperson for Marcos Jr., said in a statement on Saturday, without citing the specific cases he was referring to.ADVERTISEMENThttps://d203e3a1707ac3799efd9876bc20bf62.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html

“It’s not a coincidence that rivals of presidential front-runner Bongbong Marcos are raising this matter in unison a few weeks before the elections; sadly, this is all about politics,” he added.

He insisted that the “fair and just tax base to be used in computing the estate tax cannot yet be established with certainty.”

However, the Presidential Commission on Good Government (PCGG) already said that “as early as 1997, the judgment on the tax case had become final and executory.”

Atty. Victor Rodriguez, chief of staff and spokesperson of Ferdinand “Bongbong” Marcos Jr. Screengrab from PTV

MANILA, Philippines — Claiming the issue about the Marcos family’s estate tax is “all about politics,” the camp of presidential candidate Ferdinand “Bongbong” Marcos Jr. insisted that the case “is still pending in court.”

“Our rivals are misdirecting everyone by claiming that the case has attained finality when the truth of the matter is, it is still pending in court and the ownership of the properties in litigation has yet to be settled,” lawyer Victor Rodriguez, spokesperson for Marcos Jr., said in a statement on Saturday, without citing the specific cases he was referring to.ADVERTISEMENThttps://d203e3a1707ac3799efd9876bc20bf62.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html

“It’s not a coincidence that rivals of presidential front-runner Bongbong Marcos are raising this matter in unison a few weeks before the elections; sadly, this is all about politics,” he added.

He insisted that the “fair and just tax base to be used in computing the estate tax cannot yet be established with certainty.”

However, the Presidential Commission on Good Government (PCGG) already said that “as early as 1997, the judgment on the tax case had become final and executory.”

In 1998, it said the Bureau of Internal Revenue (BIR) “already executed a final assessment” on the involved properties.UnmuteDuration 1:44/Current Time 0:10Advanced SettingsFullscreenPauseUp Next

The BIR also confirmed that it sent a written demand to the Marcos family last December for them to pay their estate tax liability.

Former Supreme Court Senior Associate Justice Antonio Carpio echoed the statement of the PCGG on the estate tax of the Marcos family. Marcos Jr. is co-administrator of his late father’s estate.

“It is clear as day, beyond any shadow of doubt, that the estate tax liability of the Marcos estate in principal amount of P23 billion had long become final, executory, unappealable as of 1997 when the Supreme Court denied the motion for reconsideration of Marcos Jr.,” Carpio said at a virtual forum on Thursday.

“That was almost a quarter of a century ago. This decision can no longer be questioned before any court. No court can overturn this decision,” he added.

In its decision dated June 5, 1997, on the petition of Marcos Jr. seeking to reverse the earlier decision of the Court of Appeals upholding the BIR’s assessment, the Second Division of the Supreme Court had also addressed the issue on the value of properties subject to the estate tax.

You may also like...

Leave a Reply

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