Lacson Files Estate Tax Amnesty Bill to Unlock Idle Assets, Boost Revenues

A bill filed by Senate President Pro Tempore Panfilo “Ping” M. Lacson seeks to grant an amnesty on unpaid estate taxes covering the estates of individuals who died on or before Dec. 31, 2025, with outstanding or accrued tax liabilities as of that date.

Senate Bill 1889 aims to broaden the tax base and accelerate revenue collection, while minimizing prolonged litigation over tax liabilities. It also seeks to facilitate the reintegration of idle or previously immobilized assets to the formal economy.

“The proposed bill… seeks to enact a broader and more pragmatic Estate Tax Amnesty framework. It authorizes a one-time opportunity for estates of decedents who died on or before a specified date to settle outstanding estate tax liabilities at a uniform rate of six percent, subject to simplified documentary and procedural requirements,” he said in the proposed “Estate Tax Amnesty Act of 2026.”

In Filipino: Senate Bill ni Lacson, Hangad Ma-Unlock ang Idle Assets at Mapataas ang Kita ng Pamahalaan

Continue reading “Lacson Files Estate Tax Amnesty Bill to Unlock Idle Assets, Boost Revenues”

Sponsorship Speech for Resolutions on the Grant of Amnesty

Mr. President, distinguished colleagues:

Never in our history has our nation sought and demanded a ‘time of healing’ with much fervor and tenacity than we do today — healing from the health crisis which scarred our people; healing from the economic, social, and political distress that, by and large, spoiled our nation.

I rise before you today for a parallel cause: a chance to heal the open wounds brought by our endless battle for peace and unification; an opportune time to embrace back into society those who went beyond the folds of our laws in furtherance of their political beliefs and aspirations.

Continue reading “Sponsorship Speech for Resolutions on the Grant of Amnesty”

#PingSays: On the situation of Sen. Trillanes | Sept. 5, 2018

Quotes from the interview…  Continue reading “#PingSays: On the situation of Sen. Trillanes | Sept. 5, 2018”

On MNLF Founding Chairman Nur Misuari’s Call for Amnesty for the Abu Sayyaf

Just by merely asking that the Abu Sayyaf be granted amnesty smacks of bad faith and scheming tactic on the part of Misuari. He is surely aware that we do not negotiate with terrorists. There is not even a shred of political ideology in every ASG member, only their insatiability for violence against helpless victims and of course, money.

While the AFP is in a relentless pursuit of a nearly decimated band of terrorists, here comes Misuari having the audacity to suggest amnesty. To think of our soldiers as well as their kidnap victims being tortured, mutilated and beheaded would be enough to make even the most decent human being think of retribution and vengeance.

The government should seriously consider asking the court that suspended Misuari’s warrant of arrest to immediately reinstate the same and put him in jail.

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Lacson: Why Not Grant Amnesty to Cops, Soldiers in Counter-Insurgency Ops?

If the government can grant amnesty to political prisoners as part of goodwill efforts for peace talks with communist rebels, why not extend this to policemen and soldiers involved in anti-insurgency operations as well?

Sen. Panfilo M. Lacson raised this question at a budget hearing Tuesday, where Labor Secretary Silvestre Bello III, the chief government peace negotiator with communist rebels, was in attendance.

“Since there is a program for the grant of amnesty to political prisoners, perhaps we can include policemen and soldiers facing charges on account of participation in counterinsurgency operations,” Lacson said.  Continue reading “Lacson: Why Not Grant Amnesty to Cops, Soldiers in Counter-Insurgency Ops?”