BIR Ruling [DA-236-96]

July 10, 1996 BIR RULING [DA-236-96] Ms. Ma. Christina M. Lim 185 Molave Avenue, Molave Park Merville, Paraaque Metro-Manila M a d a m : This refers to your letter dated March 25, 1996 requesting for an extension of time within which to pay the estate tax due on the transmission of the estate to the heirs of the late Isidra S. Merto, pursuant to Section 84(b) of the Tax Code, as amended. It is represented that your mother, Isidra S. Merto died on July 14, 1995 in Surigao City; that under Sections 83(b) and 84 of the Tax Code, the estate tax return as well as the corresponding estate tax were due for filing and payment on January 14, 1996, six (6) months from the date of decedent's death; that you are constrained to make this request for the following reasons: (1) Death of Silvino S. Merto, one of the heirs, on October 23, 1995 in Tandag, Surigao del Sur; (2) Confinement of Alfonsito S. Merto, another heir, at the Intensive Care Unit of the Philippine Heart Center (PHC) in July 1995 and January 1996; and (3) Death of Alfonsito S. Merto at the PHC last February 27, 1996, after a quadruple By-pass operation in February, 1996. In reply, please be informed that in view of the above justifiable reasons, your request for an extension of time within which to pay the estate tax due from the Estate of the late Isidra S. Merto is hereby granted for a period not exceeding two (2) years, pursuant to Section 84(b) of the Tax Code, as amended. It shall be understood, however, that the estate shall be liable to pay the corresponding interest that has accrued up to the full payment of the estate tax. Very truly yours, LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue