BIR Ruling [DA-343-97]

October 21, 1997 BIR RULING [DA-343-97] Siguion Reyna Montecillo & Ongsiako 10/F Philcom Building 8755 Paseo de Roxas Makati City Attention: Mr . Romarie G . Villonco Gentlemen : This refers to your letter dated September 15, 1997 requesting on behalf of your client, for a 30-day extension or until October 21, 1997 within which to file the Estate Tax return of MS. THELMA G. VILLONCO. It is represented that Ms. Thelma G. Villonco died in Makati, Metro Manila on 24 March 1997; that under Section 83(b) of the Tax Code, as amended, the estate tax return is due for filing on 21 September 1997 or six (6) months from the time of death; and that the filing of the said return may not be effected on the said date since you are still in the process of identifying and collating all the properties that form of the estate of the deceased. In reply, please be informed that in view of the aforesaid justifiable reason, your request for an extension of time of 30 days reckoned from the last day within which to file the estate tax (October 21, 1997) due on the estate of Ms. Thelma G. Villonco is hereby granted pursuant to Section 83(c) of the Tax Code, as amended. It is, however, understood that the estate of Ms. Thelma G. Villonco shall be liable to the corresponding interest that shall accrue thereon up to the time of payment the estate tax. Very truly yours, (SGD.) LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue