Gov't can't collect Marcos P203-B estate tax if he wins: Carpio | ABS-CBN
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Gov't can't collect Marcos P203-B estate tax if he wins: Carpio
Gov't can't collect Marcos P203-B estate tax if he wins: Carpio
ABS-CBN News
Published Mar 31, 2022 09:36 AM PHT
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Updated Mar 31, 2022 09:56 AM PHT

MANILA - Government can no longer collect the estate taxes of the Marcos family if Ferdinand "Bongbong" Marcos Jr. wins the presidency in the upcoming elections, retired Supreme Court Senior Associate justice Antonio Carpio said Thursday.
MANILA - Government can no longer collect the estate taxes of the Marcos family if Ferdinand "Bongbong" Marcos Jr. wins the presidency in the upcoming elections, retired Supreme Court Senior Associate justice Antonio Carpio said Thursday.
Carpio made the remark as he reiterated that the Supreme Court decided with finality in 1997 that the Marcoses' excise tax assessment of over P23 billion was final and executory.
Carpio made the remark as he reiterated that the Supreme Court decided with finality in 1997 that the Marcoses' excise tax assessment of over P23 billion was final and executory.
The dictator family's estate tax has since ballooned to some P203 billion due to interest, according to former Bureau of Internal Revenue commissioner Kim Henares.
The dictator family's estate tax has since ballooned to some P203 billion due to interest, according to former Bureau of Internal Revenue commissioner Kim Henares.
"The president should be the number 1 model for the country. He’s the father of the nation. Government runs on taxes, it's fuel. Without taxes, government cannot run," Carpio told ANC's Headstart.
"The president should be the number 1 model for the country. He’s the father of the nation. Government runs on taxes, it's fuel. Without taxes, government cannot run," Carpio told ANC's Headstart.
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"The president must set an example. Everybody’s saying now, 'pag siya di magbayad bakit ako magbayad?' It has to be settled before the election date."
"The president must set an example. Everybody’s saying now, 'pag siya di magbayad bakit ako magbayad?' It has to be settled before the election date."
(Everybody’s saying now, 'if he doesn't pay, why should I pay?')
(Everybody’s saying now, 'if he doesn't pay, why should I pay?')
Marcos winning would give him the power to appoint the BIR commissioner, Carpio said.
Marcos winning would give him the power to appoint the BIR commissioner, Carpio said.
"The president has supervision and control over the entire executive department. Control means he can reverse their decision. He can preempt and make the decision himself," he said.
"The president has supervision and control over the entire executive department. Control means he can reverse their decision. He can preempt and make the decision himself," he said.
The BIR would have frozen the Marcoses' bank accounts, garnished levy on all their properties and sued them for willful refusal to pay taxes if they were ordinary citizens, Carpio said.
The BIR would have frozen the Marcoses' bank accounts, garnished levy on all their properties and sued them for willful refusal to pay taxes if they were ordinary citizens, Carpio said.
"They will collect if you're an ordinary person but if you’re a government official, senator, governor they will not collect it. How much more if you're the president. That’s gone forever," he said.
"They will collect if you're an ordinary person but if you’re a government official, senator, governor they will not collect it. How much more if you're the president. That’s gone forever," he said.
"Nobody wanted to cross with them because they were in the Senate, they were governors. The duty of government is to collect taxes equally."
"Nobody wanted to cross with them because they were in the Senate, they were governors. The duty of government is to collect taxes equally."
The Marcoses should have paid their estate tax when the Supreme Court decision became final, Carpio said.
The Marcoses should have paid their estate tax when the Supreme Court decision became final, Carpio said.
"They claim they have the Tallano gold. Imelda (Marcos) says they own the entire Philippines so they have the money. You just don't run (for public office) without billions of pesos," he said.
"They claim they have the Tallano gold. Imelda (Marcos) says they own the entire Philippines so they have the money. You just don't run (for public office) without billions of pesos," he said.
The Marcos camp has maintained that the family's unpaid estate tax liability remain pending in court.
The Marcos camp has maintained that the family's unpaid estate tax liability remain pending in court.
Read More:
Headstart
Antonio Carpio
Bongbong Marcos
estate tax
2022 elections
Halalan 2022
Ferdinand Marcos Jr
BIR
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