Maria Rachel V. Riego De Dios

September 12, 2007 BIR RULING [DA-483-07] Maria Rachel V. Riego De Dios 87 Banawe Street, Quezon City S i r : This refers to your letter dated June 22, 2007 stating that your aunt, Rosita A. Riego de Dios, died intestate in Quezon City on December 28, 2006; that her estate has until June 28, 2007 to file the estate tax return and pay the corresponding tax due thereon; that you are still in the process of sorting out and collating all the relevant documents pertaining to the properties left by your aunt; and that likewise, you are still raising the funds to pay for the estate tax, hence, you are requesting an extension of thirty (30) days within which to file the required estate tax return and to pay the tax due thereon. In reply, please be informed that under Section 90 (B) and (C) of the Tax Code of 1997, 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. Based on the aforestated justifiable reason, your request for an extension of thirty (30) days within which to file the estate tax return and pay the corresponding estate tax due thereon is hereby granted pursuant to Sections 90 (C) and 91 (B) of the Tax Code of 1997, as amended. Accordingly, you are hereby given until July 28, 2007 within which to file the required estate tax return and to pay the estate tax due on the estate of the late Rosita A. Riego de Dios. cCaEDA Very truly yours, (SGD.) JAMES H. ROLDAN Assistant Commissioner Legal Service