BIR Ruling [DA-094-01]

May 22, 2001 BIR RULING [DA-094-01] Sec. 90 (C) Atty . Luis F. Sison Capri Condominium Alabang, Muntinlupa City S i r : This refers to your letter dated May 17, 2001 requesting, on behalf of the legal heirs of your late brother, Roberto F. Sison , for an extension of thirty (30) days counted from May 21, 2001 within which to file the estate tax return and pay the estate tax due thereon. It is represented that the estate tax return of your deceased brother, Roberto F. Sison, is due for filing on May 21, 2001; that there are some vital documents needed by your accountant in the preparation of the estate tax return which you cannot yet locate on the files left by your deceased brother; that your brother left no cash on hand nor in the bank to pay for the estate tax liability, thus, your are now negotiating for the sale of several properties left by him in order to pay the corresponding estate tax. In reply, please be informed that in view of the aforementioned justifiable reason, your request for an extension of thirty (30) days within which to file the estate tax return reckoned from May 21, 2001, is hereby granted pursuant to Section 90 (C) of the Tax Code of 1997. Accordingly, you can file the estate tax return of your deceased brother up to June 20, 2001 without surcharge and compromise penalties. However, it is understood that the estate of the late Roberto F. Sison shall be liable to the corresponding interest that may have accrued during the 30-day extension of time within which to file the estate tax return and thereafter. CaATDE This ruling is being issued on the basis of the foregoing facts as represented. However, if upon investigation, it will be disclosed that the facts are different, then this ruling shall be considered null and void. Very truly yours, Commissioner of Internal Revenue By: (SGD.) EDMUNDO P. GUEVARA Deputy Commissioner Legal & Inspection Group