Tags: BIR

BIR urged to sue Marcoses over P203-B estate tax

Former Supreme Court Associate Justice Antonio Carpio said that the claim of Marcos’s camp that the payment of the estate tax was suspended because of an agreement with the BIR and the Presidential Commission on Good Government (PCGG) to wait for the outcome of the case pending in the Sandiganbayan is “utterly false”.

Letter to the Editor October 27, 2011 It is not enough that the Bureau of Internal Revenue (BIR) upheld the agency’s 2004 decision imposing a 20% final withholding tax on the P24-billion income that investors earned from the Poverty Eradication and Alleviation Certificates or the notorious PEACe bonds. The Caucus of Development NGO Networks (CODE-NGO),…