BIR Ruling

April 16, 1997 Register of Deeds Manila Gentlemen : This refers to the Notice of Tax Lien annotated on Transfer Certificate of Title No. 19717 (TCT No. 156313-Old Title) relative to the deficiency estate tax assessment issued against the estate of Rosemarie T. De Toda, involving the amount of P147,931,995.20 later revised/modified by this Office to P98,482,490.20, inclusive of increments incident to delinquency. llcd Considering the payment by the estate of the amounts of P41,000,000.00 and P59,381,914.68 covered by Payment Forms 0605 dated January 28, 1997 and February 6, 1997 respectively, or a total of P100,381,914.68 inclusive of surcharge and interest computed up to the actual date of payment, in full & final settlement of the above mentioned tax liability, the said notice of tax lien is hereby lifted and considered without force and effect. Please be guided accordingly. cdpr Very truly yours, (SGD.) LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue