
Four presidential candidates unite to collect P203-B Marcos estate tax debt
By SIEGFRED ALDOUS LACERNA
FOUR PRESIDENTIAL candidates were in the same boat of collecting the P203 billion estate tax debt of late dictator Ferdinand Marcos Sr’s heirs to help farmers and drivers amid price hike on various commodities.
This after the Bureau of Internal Revenue (BIR) confirmed to the camp of presidential bet and Manila Mayor Francisco “Isko Moreno" Domagoso that they have already sent a written demand to Marcos’ heirs regarding their unsettled debts.
This debt is rooted from the 1997 Supreme Court decision which dismissed Marcos’ plea on a levy dated 1993 and sale of 11 real properties in Tacloban to satisfy their tax liabilities. Originally, their debt was just at P23.29 billion but due to interest, it skyrocketed to P203.819 billion.
Domagoso...