BIR Ruling [DA-422-98]

September 15, 1998 BIR RULING [DA-422-98] Dr. Rosa Maria I. Llanes 2 Diamond Street Tandang Sora Quezon City M a d a m : This refers to your letter dated July 27, 1998 requesting for an extension of thirty (30) days within which to file the estate tax return of your father, the late Raymundo B. Llanes pursuant to Section 90(C) of the Tax Code of 1997. cdta It is represented that the late Raymundo B. Llanes died on January 28, 1998; that under Section 90(B) of the Tax Code of 1997, the estate tax return of the estate of the late Raymundo B. Llanes was due for filing on July 28, 1998; that as an administratrix of the said estate, you are constrained to make this request for the reason that you are still in the process of identifying and collating all the properties that form part of the estate; and that you are currently working on the extra-judicial settlement and the liquidation of the two lots located at Amityville Subdivision, Montalban, Rizal. In reply, please be informed that in view of the aforestated justifiable reasons, your request for an extension of thirty (30) days from July 28, 1998 to August 28, 1998 within which to file the estate tax return of the said estate, is hereby granted pursuant to Section 90(C) of the Tax Code of 1997. It shall be understood, however, that the estate shall be liable to the corresponding interest that have accrued thereon up to the time of filing of the return and payment of the estate tax due on the transmission of the said estate to the heirs. Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue