Marcos claim on assessment of unpaid estate tax inaccurate, PCGG tells Isko camp

This screengrab taken March 3, 2022 shows Isko Moreno's political strategist, Lito Banayo (left) and Aksyon Demokratiko chair Ernest Ramel (right) speaking to reporters at a press conference.

Philstar.com Screengrab / Isko Moreno Domagoso on Facebook

MANILA, Philippines — The Presidential Commission on Good Government said the assessment of estate tax owed by the Marcos family — said to be at  P23,293,607,638 — had been completed in the 1990s, making a claim by the Marcos camp that collection was put on hold because it was unclear how much they should pay inaccurate.

The agency issued the statement in response to a letter from Aksyon Demokratiko — the political party of Manila Mayor Isko Moreno, a candidate for president  — in response to the claim that the PCGG and Bureau of Internal Revenue had agreed to put the matter on hold.

In a letter responding to Aksyon Demokratiko and released to media, PCGG Chairman John Agbayani said the BIR had "already issued its final assessment."

Full Story: https://www.philstar.com/headlines/2022/03/15/2167466/marcos-claim-assessment-unpaid-estate-tax-inaccurate-pcgg-tells-isko-camp