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BIR stakes claim on Imelda Marcos assets

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Even the Bureau of Internal Revenue (BIR) is trying to get hold of former first lady Imelda Marcos’ property in San Juan earlier ordered seized in favor of the Philippine Commission on Good Government so that it can collect P43 billion in revenue taxes.

The BIR has put tax liens on the three pieces of Marcos’ property in view of the nonpayment of taxes, surcharges and interests in compliance with a January 2003 notice filed by then Commissioner Dakila Fonacier, documents showed.

The liens were annotated on the back of transfer certificates of title (TCTs) of the property that the Sandiganbayan had ordered seized in favor of the PCGG to satisfy a P43.8-million judgment cost.

A lien is a charge upon a real or personal property for the satisfaction of some debt or duty.

The property consists of a 1,584-square meter lot on Don Mariano Marcos St.; a 932-sq. m. lot on Claro M. Recto St.; and an 864-sq. m. lot at the corner of P. Guevarra and Maude streets, all in Maytunas, San Juan.

The liens, signed by Registry of Deeds Federico M. Cas, stated that the property was under obligation to pay the government P43,325,117,510.88 in Internal Revenue Tax, surcharge and interest.

The Commission on Audit has assigned a team to appraise the property that the Sandiganbayan had seized to enforce an order for her to pay a total of P43.8 million to the government.

The Sandiganbayan 5th Division issued an alias writ of execution against the property after the Ilocos Norte lawmaker failed to comply with the court order.

The court earlier ruled that some P10 million had been illegally transferred from the National Food Authority’s (NFA) account to a private account on orders of Imelda Marcos’ late husband, strongman Ferdinand Marcos. Its interest has ballooned to P33.8 million as of September this year.


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Tags: Bureau of Internal Revenue , Imelda Marcos assets , San Juan

  • http://twitter.com/wee_kender wee

    i like the creativity of the BIR in running after marcos ill-gotten wealth.

    it’s simple and it works.

    • http://www.facebook.com/people/Jose-Hernani-Parco/100000334088180 Jose Hernani Parco

      it better!

  • raymond arzadon

    ha ha ha gantihan na ng mga magnanakaw. ipinamahagi na ang HACIENDA LUISITA. . . ang lagay mga Cojuangco lang ang madadale? Dapat kayo ring mga MARCOSES na matagal nang naliligo sa salaping kinurakot ninyo.

  • Anonymous

    Good riddance

  • grhof265

    Make this count BIR

  • Anonymous

    And why not jail term as well for non-tax payment negligence?
    During the US prohibition era, they couldn’t jail Al Capone for
    mass murders and bootlegging, but only finally got him to pay
    for his crimes and put him behind bars, because of non-payment
    of income tax – it’s in Capone’s ledgers he’s making so much
    money but never paid tax revenue on his massive income.

    Well, the Marcoses will be in for it, as we assume that this
    is only the tip of the iceberg, to re-open and renew the investigations into
    the ill gotten Marcos wealth.

    And calling Bongbong Marcos, will you please start a journal or diary
    akin to “Lies My Mother and Sisters told me” so that at least
    you’ll find out the truth about your father’s crimes as dictator
    for a couple of decades until People Power booted him out.

  • http://www.facebook.com/people/Jose-Hernani-Parco/100000334088180 Jose Hernani Parco

    and to be “optimistic” about this, ten to one the BIR will lose! the Marcoses have a track record of evading all cases thrown at them! they are either so very lucky or just plain “magulang” of course with the full cooperation of our authorities! a very profitable cooperation!



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