Gerodias Suchianco Estrella

July 3, 2007 BIR RULING [DA-358-07] Gerodias Suchianco Estrella Suite 2404 Discovery Center, 25 ADB Avenue Ortigas Center, Pasig City Attention: Atty. Amabelle Grace G. Mascardo-Macias & Atty. Cheryl Saldaa-De Leon Gentlemen : This refers to your letter dated June 5, 2007 requesting in behalf of your client, Ma. Concordia D.N. Bonoan, one of the heirs of Maria Ana Deocariza Nicolas, an extension of thirty (30) days within which to file the estate tax return for the decedent's estate. It is represented that the late Maria Ana Deocariza Nicolas died on December 31, 2006; that you will not be able to file the estate tax return within the prescribed period because the heirs are still in the process of collating all the documentary requirements, hence, this request for an extension of thirty (30) days within which to file the required estate tax return. In reply thereto, please be informed that under Section 90 (B) and (C) of the Tax Code of 1997, as amended, estate tax return is required to be filed within six (6) months from the decedent's death, and in meritorious cases, a reasonable extension not exceeding thirty (30) days for filing the return may be granted by the Commissioner of Internal Revenue. The payment of the estate tax or any part thereof shall be made upon the filing of the return or on such date as fixed if an extension is granted by the Commissioner, but in no case to exceed five (5) years in case the estate is settled through the courts, or two (2) years in case the estate is settled extrajudicially pursuant to Section 91 (B) of the Tax Code of 1997, as amended. aHDTAI Based on the aforestated justifiable reason, your request for an extension of thirty (30) days counted from June 30, 2007, which is the last day for filing of the estate tax return of the late Maria Ana Deocariza Nicolas is hereby granted. Accordingly, the filing of the said estate tax return of the decedent is hereby extended up to July 30, 2007 pursuant to Section 90 (C) of the Tax Code of 1997, as amended. Very truly yours, (SGD.) JAMES H. ROLDAN Assistant Commissioner Legal Service