BIR Ruling [DA-050-99]

January 28, 1999 BIR RULING [DA-050-99] Hon. Constantino H. Navarro, Jr. Congressman 1st District, Surigao del Norte S i r : This refers to your letter dated October 30, 1998 requesting on behalf of the Estate of your late father, Congressman Constantino Navarro, Sr., 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. cdti It is represented that the late Congressman Constantino Navarro, Sr., died on May 11, 1998; and that you are constrained to make this request, in order to have enough time to conduct an inventory of properties and to gather all necessary papers. In reply, please be informed that in view of the aforestated justifiable reason, your request for an extension of thirty (30) days up to December 10, 1998 within which to file the estate tax return of your late father 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 said estate to the heirs. (BIR Ruling No. DA-159-96 dated May 7, 1996) prll Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue