BIR Ruling [DA-386-04]

July 16, 2004 BIR RULING [DA-386-04] 90 & 91 Eden Devela-Sarne 91-B Pajo Street Project 2 Quezon City Attention: Atty. Eden D. Sarne Gentlemen : This refers to your letter dated July 8, 2004 requesting on behalf of the heirs of the late Leticia Gonzales De Padua for an extension of thirty (30) days within which to file the estate tax return and two (2) years within which to pay the estate tax due therefrom under Sections 90(B) and 91(B) of the Tax Code of 1997. It is represented that Leticia-Gonzales De Padua died intestate on January 20, 2004 in Pasay City; that the death is so sudden and the deceased left an unorganized records and the heirs are still gathering documents of what properties still remain in their mother's name; and that several persons and entities came up to have claims against the estate since the time they have known of her death. In reply thereto, please be informed that in view of the aforementioned valid and justifiable ground, your request for an extension of thirty (30) days to file the estate tax return and two (2) years to pay the estate tax reckoned from July 20, 2004, the date fixed for the filing and payment thereof, is hereby granted pursuant to Sections 90 and 91 both of the Tax Code of 1997. It is, however, understood that the estate of your client shall be liable to the corresponding interest that have accrued up to the time of the payment of the estate tax. Very truly yours, (SGD.) MILAGROS V. REGALADO Assistant Commissioner Legal Service