BIR Ruling [DA-392-00]
BIR Ruling [DA-392-00] • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Nov 17, 2000
Full text
November 17, 2000 BIR RULING [DA-392-00] October 18, 2000 The Chief, Assessment Division Revenue Region No. 7 Quezon City M a d a m : There is returned to you herewith the entire docket relative to the estate tax case of the late JUAN T. QUEMADO which you indorsed to this Office on March 15, 2000 for approval of the request by the widow of the deceased for condonation of the penalties due thereon per letter dated December 18, 1996. In connection therewith, you are requested to conduct further verification to determine if the widow and/or the other heirs are indeed financially incapable to pay the increments and penalties for late filing of estate tax return and payment of the corresponding estate tax. In this regard, you should require the heir/s to execute a waiver of Republic Act No. 1405 so that you can inquire into the bank deposits of the decedent. Your usual prompt action and report hereon are requested. cAHIST Very truly yours, (SGD.) LILIAN B. HEFTI Deputy Commissioner Legal & Inspection Group
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.