BIR Ruling [DA-578-98]

December 24, 1998 BIR RULING [DA-578-98] Mr. Ulysses R. Rivera c/o Galileo Rivera 111 Panay Avenue South Triangle Quezon City S i r : This refers to your letter dated October 25, 1998, requesting on behalf of the Estate of the late Conchita Rivera, for an extension of thirty (30) days within which to file the estate tax return pursuant to Section 90(C) of the Tax Code of 1997. cdt It is represented that the late Conchita Rivera died on May 1998; and that there is a pending court petition by the prospective Administrator, Mr. Ulysses Rivera. In reply, please be informed that in view of the aforestated justifiable reason your request for an extension of thirty (30) days within which to file the estate tax return up to December, 1998 only, 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 pursuant to Section 249 of the Tax Code of 1997. (BIR Ruling No. DA-159-96 dated May 7, 1996) Very truly yours, Commissioner of Internal Revenue By: (SGD.) SIXTO S. ESQUIVIAS IV Deputy Commissioner (Legal & Enforcement Group)