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Law of Duterte Land | With Lian Buan

Episode 46: Marcos Jr. is liable for P203-B estate tax

In this episode of Law of Duterte Land, we discuss estate tax more extensively with tax lawyer Jean Francois “Punch” Rivera III, the assistant national treasurer of the Integrated Bar of the Philippines (IBP).

Ferdinand 'Bongbong' Marcos Jr.’s spokesman Vic Rodriguez continues to insist that the case is pending, even though Supreme Court records show that the 1997 ruling is final and unappealable, and became executory in 1999. Rodriguez said it’s because there are still pending ill-gotten wealth cases, even though the Supreme Court in 1997 already said they have no bearing on the assessment. Both the BIR and the Department of Finance confirmed trying to collect from the Marcoses to no avail.

How come a powerful family is able to go on without paying this much tax?

Law of Duterte Land | With Lian Buan
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