00:00Maraming pamilyang Pilipino pong nahihirap ang mapakinabangan ng mga ari-ariang iniwan ng kanila mga mahal sa buhay dahil sa estate tax.
00:07Sa kabila ng mga reforma, nanatili po itong pahirap para sa ilan, lalo na sa karaniwang mamamayaan.
00:13Kaya ngayong araw, tatalakayin natin ng isang panukalang batas na layong tuluyang alisin ang estate tax.
00:18Mga kasama natin ngayon, ang nag-hahain ng panukalang ito si Congressman Nathaniel Oducado.
00:23Magandang araw po, Kong.
00:26Good morning, Sir Joshua, and good morning, Ma'am Diane.
00:28Merry Christmas sa mga watchers natin ng Rise and Shine Filipinas.
00:34Merry Christmas din po, Kong Oducado.
00:36Alright, kung para po sa kaalaman ng ating mga manonood, ano po ba ang mga salient points po nitong House Bill 6563?
00:43At ano pong pangunahing layunin po nito po?
00:47Walang salient features niya, Ma'am Diane, is tatanggalin na natin yung 6% na imposed by the train and NIRC,
00:55Section 84, na may 6% doon sa value ng property at the time that the deceased has died.
01:04So, mawawala na yan. At the same time, mawawala na yung certificate of payment doon sa estate tax for purposes of transfer and other purposes.
01:13Ang reason nito, Ma'am Diane, is we've seen na napakalaking problema ng estate tax.
01:18Based on our research, meron pa nga mga families na since 1960s hindi pa nagbabayad ng estate tax.
01:24And it's around 1 million Filipinos are affected.
01:28Pero ang more important point for this legislation is napakaraming lupa na hindi nagagamit because of the burden of estate tax.
01:39So, ang gusto natin, ma-free up yun, magamit ng mga families sa negosyo or pwede nilang mabenta.
01:47And it will actually create more income for the government in the form of other taxes, such as capital gains, real property tax, and even that.
01:58Alright, Kung linawin na po natin, kung sakasakali mayipasa po itong House Bill 6563, sino-sino po yung directa may kinabang dito?
02:05Ang mga ka-apekto nito, Sir Joshua, ay sa mga ordinaryong Pilipino.
02:11Kasi if titignan mo talaga yung estate tax, napakalaki siya na burden, especially for ordinary families.
02:19And on my personal experience, nakita namin na, imagine, after na matay ang tatay ko,
02:25it took us a decade before we were able to finally pay ang estate tax because napakabigat niya.
02:31Dahil cash-heavy ang requirement for estate tax.
02:34Alright, kung sakasakaling mayipasa po ang batas na ito, ano na po yung magiging proseso para po sa mga may pamilyang may naiwanang ari-arian?
02:46Well, we leave it up to the IRR.
02:49But ang mangyayari is normally wala nang sisingilin pa ang BIR.
02:54Hindi na i-hold yung mga properties nyo and diretso nyo na matatransact itong properties nyo.
03:00Pwede mo nang apply ng business permit, pwede mo nang i-benta.
03:03Hmm. Ano naman yung magiging epekto ito kung dun sa, itong panukalang ito, dun sa mga kasalukuyan,
03:10yung may mga current pending na estate tax cases?
03:14Well, if this law passes, kasama sila doon sa makakabenefit.
03:19Ang nangyayari kasi, Sir Joshua, ngayon is ang amnesty natin, napakaliit lang ng revenues.
03:28So, kung titignan natin, around 7 billion lang ang nakuha natin or that's around less than 1% of the total tax collection natin.
03:37Ibig sabihin, kahit may amnesty na, burdensome pa rin for ordinary Filipinos to apply for the tax amnesty.
03:43And among the recurring comments na nakikita natin sa mga taxpayers is, napakahirap pa rin mag-apply ng tax amnesty.
03:51So, kung pa sa ito, hindi na nila kailangan magbayad ng estate tax, hindi na sila kailangan mag-apply ng amnesty.
03:58Kung ano po ang kasalukuyang estado po nitong panukalang batas na ito?
04:04Well, so far, Ma'am Dayan, I'm very happy with my colleagues sa Congress kasi nagsabay-sabay kami.
04:11Kami nila, Congressman Salceda, Congressman QT Delmar, Congressman Alba, para mag-lobby for this piece of legislation.
04:20And we've already talked to the leadership in Congress.
04:23We're going to talk to the Committee on Ways and Means.
04:25And the next step namin is to look for a version sa Senate to really push for this amendment.
04:32Alam naman natin, napakamahal na ng lahat, no?
04:35And isa ito sa mga bagay na we see will really benefit the Filipinos.
04:39If you really think about it kasi, ang estate tax, ilang beses na natataksan ang property ng isang tao o habang buhay siya.
04:48So we see estate tax as overly burdening to ordinary Filipinos.
04:52That's why we think there's a sense of urgency from other lawmakers as well.
04:57Alright, kung linawin na natin, so in detail, itong estate tax or itong ipapasang nating panukalan na huwag nang magbayad ng estate tax,
05:06ang sakop po nito ay hindi lang basta properties, pati yung mga katulad ng mga buka rin, mga land properties, ibang land properties din po?
05:14Yes, kasama po. As long as it is under the name of the deceased person.
05:21Yun.
05:23Oo, kasi minsan, ang tingin natin kapag tinanggalan din ang tax, baka mabawasan ang income sa gobyerno.
05:30But Kong Nat is saying na tama ba kung pag inalis itong estate tax, more taxes will be din makolekta dahil magiging productive na itong mga ari-ari nito?
05:41Is that what you're saying also?
05:44Tama pang tila yan. Contrary to popular belief, no?
05:47So, the reason why these properties are not being used is because hindi pa nababayaran ng families ng estate tax ng yumao nilang nakamag-anak.
05:56And the reason why hindi nababayaran is because napakamahal siya.
05:59Now, if walang ng estate tax, they can easily transact or do business with the properties na naiwan kasi hindi na sila magbabayad ng napakalaking estate tax first before they can move the properties.
06:10Isa sa mga biggest example natin dyan is yung mga malaking areas, halimbawa sa Metro Manila, na hanggang ngayon under litigation because of tax issues.
06:20Now, if it's without the requirement ng estate tax, magagamit na for negosyo, magagamit na for development itong malaking areas na ito.
06:29Based on our small study, around 14,000 hectares of properties are currently frozen because of estate tax issues.
06:36And we see that as an asset because you will get more taxes if the property is actually earning.
06:44Kung sa kasangali may pasangay itong paano kala na ito, meron ba tayong forecast kung nasa magkano ang inaasahan natin mga kolekta o mapapakitabangang buwis?
06:54Ano ko, wala pa, pero it's going to be bigger than our less than 1% collection from the tax amnesty.
06:59Because once mawala ang estate tax, halimbawa, Sir Joshua, nag-alaw mo na yung property, hindi ka na sisingilin ng gobyerno ng estate tax, pwede ka magnegosyo.
07:10So ano-anong taxes na makukuha mo?
07:13You get real property tax, you get business tax, you get VAT from the transactions there, and if you sell a portion of it, may capital gains tax ka,
07:21plus the fundamentally stamp tax for transactions na ginagamitan ng property.
07:26Those things are going to be bigger than the 1% that we get from estate tax and the tax amnesty in a total tax revenue collection of the government.
07:35Maspapapakitabangan nga yung mga properties.
07:37For sure you did some consultations with other groups, siguro including business groups ba?
07:41Or ano po mga feedback nila dito?
07:43And also I'm wondering, contemplating, talagang totally aalisin po, not just decrease the percent ng estate tax.
07:51Yes, Ma'am Diane, we've consulted the business sector and surprisingly, marami rin pamilya sa business sector are actually affected,
07:59lalo na napakalaki pala ng land holdings nila and estate ng mga magulang nila.
08:06So napakalaki na kailangan ng bayaran.
08:07In fact, isang business na na-consult natin, sabi niya, isa sa malaking issue niya is hindi mag-alaw yung pera ng asawa niya sa banko
08:17because kailangan bayaran ng estate tax.
08:20So those things are what we're concerned of.
08:24Now, when it comes to our proposal of abolishing, yes, we don't want just a decrease, but we want the total abilasyon
08:31kasi we see it already as overburdening someone.
08:35Nung buhay ka, grabe yung taxes mo for the property.
08:37Nung nang napatay ka, itatax ka pa ulit.
08:39Now, I think it's high time for us to rethink about our tax system.
08:43We focus more on the long-term effects rather than getting income outright.
08:49So ito yung nakita naming solusyon.
08:51By abolishing it, people are going to be more enticed to do transactions using their property.
08:56Okay, sa nga naman matengay yung mga property,
08:58ay mapakinabangan na kasi nga kung hindi mabayarin yung estate tax, nakatinggal na yung mga ari-arian.
09:04Well, siguro panghuli na lamang po, mensahin nyo na lamang po sa mga Pilipinong.
09:08Siguro matagal na rin pong nahihirapan dahil po dito sa mga estate tax na ito, sir.
09:12Yes po, sa ating mga kababayan na nanonood, please continue to follow this.
09:20And we're doing this piece of legislation na nakikita namin based on experience,
09:26napakalaking burden for the ordinary families.
09:28But more importantly, sana huwag kayong magtigil na mag-send sa amin ng comments ninyo,
09:34pati letters ninyo, so that we truly understand what's happening and what's needed for this country.
09:39We want to pass meaningful legislation and we want to ensure you
09:43that good people are doing their best to do good laws for this country.
09:47And yun lang, Ma'am Diane and Sir Joshua. Good morning po sa ating lahat.
09:51Alright, maraming maraming salamat po sa inyong oras at pagbabahagi ng kaalaman,
09:55Congressman Nathaniel Oducado.
09:59Salamat po.
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