Kintanar Jamon Paruñgo & Ladia

February 25, 2009 BIR RULING [DA-(ET-001) 122-09] Kintanar Jamon Parugo & Ladia Suite 11-B, Belvedere Tower, San Miguel Avenue, Ortigas Center Pasig City Attention: Atty. Gilbert G. Kintanar Gentlemen : This refers to your letter dated June 22, 2007 stating that Helen Edao Vicencio died in Lucena City on July 27, 2008; that her estate has until January 27, 2009 to file the estate tax return and pay the corresponding tax due thereon; that you are still verifying the properties comprising the estate of the decedent and collating the documents and data required in support of the return, hence, in behalf of the decedent's heirs, you are requesting an extension of thirty (30) days within which to file the said estate tax return and to pay the tax due thereon. TaEIAS 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 February 26, 2009 within which to file the required estate tax return and to pay the estate tax due on the estate of the late Helen Edao Vicencio. Very truly yours, (SGD.) JAMES H. ROLDAN Assistant Commissioner Legal Service