New chief to collect US$3bil Marcos estate tax

Guillermo, who was appointed by Marcos to serve in his incoming administration, said there was no doubt that the agency would collect the controversial tax liability. However, she needed to see the documents first, and find out for certain if the amount due was indeed 200 billion pesos (RM16.28bil). (File pic: Financial district Makati.)

MANILA: The Philippines’ incoming tax agency chief says she will collect the estate tax due from the family of president-elect Ferdinand Marcos Jr, taking on an issue that has hounded the next leader.

The Bureau of Internal Revenue will carry out its mandate to collect, if the amount is “final and executory,” tax chief-designate Lilia Guillermo said in an interview with the ABS-CBN News Channel yesterday.