BIR Ruling [DA-027-99]

January 18, 1999 BIR RULING [DA-027-99] Angara Abello Concepcion Regala & Cruz Law Offices ACCRA Building 122 Gamboa St., Legaspi Village Makati City Attention: Rowena Garcia-Flores Gentlemen : This refers to your letter dated November 10, 1998 requesting on behalf of the Estate of the late Julia A. Buck for an extension of thirty (30) days within which to file the estate tax return pursuant to Section 90(C) of the Tax Code of 1997. cdll It is represented that the late Julia A. Buck died on May 14, 1998; and that there is a pending petition for Letters of Administration by M. Sofronio Jack Abrera and Mr. George Buck before the Regional Trial Court, Branch 161, Pasig City and docketed as SP. Proc. No. 10865. In reply, please be informed that in view of the aforestated justifiable reason your request for an extension of thirty (30) days within which to file the estate tax return up to December 14, 1998 only, is hereby granted pursuant to Section 90 (C) of the Tax Code of 1997. It shall be understood, however, that the estate shall be liable to the corresponding interest that have accrued thereon up to the time of filing of the return and payment of the estate tax due on the transmission of the estate to the heirs pursuant to Section 249 of the Tax Code of 1997. (BIR Ruling No. DA-159-96 dated May 7, 1998) Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue