BIR Ruling No. 094-11

April 5, 2011 BIR RULING NO. 094-11 Tax Code, Sec. 90 (C) of the NIRC, as amended; BIR Ruling No. 020-00; BIR Ruling No. DA-(ET-001) 052-08; BIR Ruling No. DA-(ET-002) 066-08; BIR Ruling No. DA-(ET-003) 071-08; BIR Ruling No. DA-(ET-007) 183-08; BIR Ruling No. DA-(ET-008) 2001-08 De Guzman San Diego Mejia & Hernadez Law Offices The Penthouse, Paragon Tower Hotel 531 A. Flores Street, Ermita, Manila Attention: Arnell P. Uychoco Gentlemen : This refers to your letter dated February 2, 2011 requesting on behalf of your clients, the heirs of Soledad R. Teodoro an extension of time within which to file the estate tax return. It is represented that Soledad R. Teodoro died on August 10, 2010 and that your reason for an extension to file the estate tax return and pay the estate tax is due to the difficulty in locating all the properties and obtaining information as to the extent of the estate and the consents of all heirs, as some of them are already living outside the country. Hence, they are constrained to seek for an extension within which to file the required estate tax return. In reply thereto, please be informed that under Section 90 (B) and (C) of the Tax Code of 1997, an 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. IEAaST Based on the foregoing justifiable reason, your request for an extension to file the estate tax return is hereby granted for a period of thirty (30) days counted from February 10, 2011, which is the last day for filing of the estate tax return of the late Soledad R. Teodoro, thus, filing of the said estate tax return of the decedent is hereby extended up to March 12, 2011. (BIR Ruling No. DA-(ET-001) 052-08 dated July 17, 2008, BIR Ruling No. DA-(ET-002) 066-08 dated July 21, 2008, BIR Ruling No. DA-(ET-003) 071-08 dated July 23, 2008, BIR Ruling No. DA-(ET-007) 183-08 dated August 29, 2008 and BIR Ruling No. DA-(ET-008) 2001-08 dated September 5, 2008) It shall be understood, however, that the estate shall be liable for the corresponding interest that have accrued thereon up to the time of payment of the estate tax pursuant to Section 249 of the Tax Code of 1997. (BIR Ruling No. 020-00 dated April 5, 2000) Very truly yours, (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue