PCGG: Tax cases vs Marcoses settled long ago

PCGG: Tax cases vs Marcoses settled long ago
(BusinessWorld) THE FAMILY of the late dictator Ferdinand E. Marcos still owes the government billions of pesos in estate and income taxes, according to the agency tasked to recover ill-gotten wealth of Mr. Marcos and his cronies, as it debunked a claim that the tax case was still under litigation.

In a letter, the Presidential Commission on Good Government (PCGG) on Tuesday noted that as early as 1993, the Bureau of Internal Revenue (BIR) had issued its final assessment when it levied and sold 11 Marcos properties in Tacloban City.

“As early as 1997, the judgment on the tax case had become final and executory,” PCGG Chairman John A. Agbayani said in the letter-reply to Aksyon Demokratiko Chairman Ernesto M. Ramel, Jr., who had sought clarification on the tax lawsuit.

Aksyon Demokratiko, the political party of Manila Mayor Francisco “Isko” M. Domagoso, who is running against Ferdinand “Bongbong” R. Marcos, Jr. in this year’s presidential race, provided reporters with a copy of the PCGG letter.

Mr. Ramel in a March 9 letter to PCGG earlier sought clarification whether the government had reached a deal on the taxes.

If there was indeed a deal, PCGG must disclose the details because these are a “matter of public interest,” he said. “If your answer is ‘No,’ then this is another proof that the camp of Marcos, Jr. has again lied as they always do in so many issues about their family, including their ill-gotten wealth.”.. Read More