BIR Ruling [DA-110-01]

June 14, 2001 BIR RULING [DA-110-01] Sec. 90 (C) Mr . Carlos Benedict K . Rivilla IV No. 70 Door 4 C. Rivilla Sr. Street Pasay City S i r : This refers to your letter dated June 13, 2001 stating that the estate tax return of your late grandparents, Carlos Mijares Rivilla, Jr. and Florinda Esteban Rivilla, is due for filing on June 17, 2001; that due to the sudden death of your grandparents and the fact that they had a centralized style of management of their properties and assets such that nobody was privy to the management thereof and that two of the heirs are residing abroad and the others in Manila and in Ormoc City, you are still in the process of collating the properties left by your deceased grandparents. In view of the foregoing, you are requesting, on behalf of the legal heirs of your late grandparents, Carlos Mijares Rivilla, Jr. and Florinda Esteban Rivilla, for an extension of thirty (30) days counted from June 17, 2001 within which to file the estate tax return and pay the estate tax due thereon. 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 June 17, 2001, is hereby granted without the corresponding surcharge and compromise penalties, pursuant to Section 90 (C) of the Tax Code of 1997 but only until July 17, 2001. However, it is understood that the estate of the late Carlos Mijares Rivilla, Jr. and Florinda Esteban Rivilla 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. 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. CETDHA Very truly yours, (SGD.) MILAGROS V. REGALADO Acting Assistant Commissioner Legal Service